Atam Valves Q1 Results Live : profit rise by 10.72% YOY
Atam Valves Q1 Results Live : Revenue increased by 10.39% YoY & profit increased by 10.72% YoY
Atam Valves Q1 Results Live : Atam Valves announced their Q1 results on 15 Jul, 2024, with a 10.39% increase in revenue and a 10.72% rise in profit year-over-year.
However, compared to the previous quarter, the company saw a decline of 33.4% in revenue and a significant decrease of 65.33% in profit.
The Selling, general & administrative expenses went down by 3.71% quarter-over-quarter but rose by 33.42% year-over-year.
Operating income also took a hit, decreasing by 65.24% sequentially and 1.27% annually.
The EPS for Q1 stands at ₹0.81, marking a 12.5% increase year-over-year.
In terms of market performance, Atam Valves delivered negative returns of -3.21% in the last week, -11.06% in the last 6 months, and -12.04% year-to-date.
Currently, Atam Valves holds a market cap of ₹215.38 Cr with a 52-week high/low of ₹241.4 & ₹136 respectively.
Atam Valves Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 11.48 | 17.25 | -33.4% | 10.4 | +10.39% |
| Selling/ General/ Admin Expenses Total | 2.09 | 2.17 | -3.71% | 1.57 | +33.42% |
| Depreciation/ Amortization | 0.14 | 0.15 | -6.86% | 0.15 | -8.85% |
| Total Operating Expense | 10.15 | 13.41 | -24.29% | 9.05 | +12.13% |
| Operating Income | 1.33 | 3.84 | -65.24% | 1.35 | -1.27% |
| Net Income Before Taxes | 1.24 | 3.6 | -65.48% | 1.13 | +10.04% |
| Net Income | 0.93 | 2.68 | -65.33% | 0.84 | +10.72% |
| Diluted Normalized EPS | 0.81 | 2.34 | -65.38% | 0.72 | +12.5% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.