Apt Packaging Q1 results: profit at ₹0.16Cr, Revenue increased by 28.11% YoY
Apt Packaging Q1 results: Revenue increased by 28.11% YoY & profit at ₹0.16Cr
Apt Packaging Q1 Results Live : Apt Packaging Q1 Results Live: Apt Packaging declared their Q1 results on 12 Aug, 2024. The topline increased by 28.11% and the profit came at ₹0.16 crore. It is noteworthy that Apt Packaging had declared a loss of ₹1.36 crore in the previous fiscal year same period. However, as compared to the previous quarter, the revenue declined by 3.54%.
The Selling, general and administrative expenses declined by 26.31% quarter-on-quarter and decreased by 38.83% year-on-year. This significant reduction in expenses has contributed to the improved profitability of the company.
The operating income was up by 125.13% quarter-on-quarter and increased by 123.4% year-on-year. This surge in operating income is a positive indicator of the company’s operational efficiency and financial health.
The Earnings Per Share (EPS) for Q1 stood at ₹0.35, which marks an increase of 113.02% year-on-year. This substantial rise in EPS reflects the overall better performance and profitability of Apt Packaging during the quarter.
Apt Packaging Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3.04 | 3.15 | -3.54% | 2.37 | +28.11% |
| Selling/ General/ Admin Expenses Total | 0.49 | 0.66 | -26.31% | 0.8 | -38.83% |
| Depreciation/ Amortization | 0.21 | 0.02 | +877.14% | 0.34 | -38.95% |
| Total Operating Expense | 2.84 | 3.93 | -27.79% | 3.21 | -11.61% |
| Operating Income | 0.2 | -0.78 | +125.13% | -0.84 | +123.4% |
| Net Income Before Taxes | 0.16 | 0.15 | +5.88% | -1.36 | +112.02% |
| Net Income | 0.16 | 0.17 | -0.97% | -1.36 | +112.02% |
| Diluted Normalized EPS | 0.35 | 0.96 | -63.88% | -2.66 | +113.02% |
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