Carborundum Universal Q1 Results Live : profit falls by 0.24% YOY
Carborundum Universal Q1 Results Live : Revenue decreased by 0.47% YoY & profit decreased by 0.24% YoY
Carborundum Universal Q1 Results Live : Carborundum Universal declared their Q1 results on 30 Jul, 2024. The topline decreased by 0.47% & the profit decreased by 0.24% YoY. Compared to the previous quarter, the revenue declined by 0.3% and the profit decreased by 16.23%.
The Selling, general & administrative expenses declined by 35.71% q-o-q & decreased by 38.38% Y-o-Y.
The operating income was down by 10.28% q-o-q & increased by 14.95% Y-o-Y.
The EPS is ₹5.92 for Q1 which decreased by 0.67% Y-o-Y.
Carborundum Universal has delivered 2.73% return in the last 1 week, 54.74% return in the last 6 months and 54.4% YTD return.
Currently, Carborundum Universal has a market cap of ₹32709.28 Cr and 52wk high/low of ₹1841.15 & ₹1025.6 respectively.
As of 31 Jul, 2024, out of 11 analysts covering the company, 2 analysts have given a Strong Sell rating, 1 analyst has given a Sell rating, 1 analyst has given a Hold rating, 4 analysts have given a Buy rating, and 3 analysts have given a Strong Buy rating.
The consensus recommendation as of 31 Jul, 2024, was to Buy.
Carborundum Universal Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1197.54 | 1201.19 | -0.3% | 1203.22 | -0.47% |
| Selling/ General/ Admin Expenses Total | 191.76 | 298.28 | -35.71% | 311.21 | -38.38% |
| Depreciation/ Amortization | 51.41 | 50.99 | +0.82% | 45.74 | +12.4% |
| Total Operating Expense | 1055.38 | 1042.75 | +1.21% | 1079.55 | -2.24% |
| Operating Income | 142.16 | 158.44 | -10.28% | 123.67 | +14.95% |
| Net Income Before Taxes | 157.73 | 179.68 | -12.22% | 159.54 | -1.13% |
| Net Income | 112.96 | 134.84 | -16.23% | 113.23 | -0.24% |
| Diluted Normalized EPS | 5.92 | 7.08 | -16.38% | 5.96 | -0.67% |
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