Esab India Q1 Results Live : profit rise by 4.88% YOY
Esab India Q1 Results Live : Revenue increased by 10.51% YoY & profit increased by 4.88% YoY
Esab India Q1 Results Live : Esab India announced their Q1 results on 07 Aug, 2024, showcasing positive growth in revenue and profit. The company's topline increased by 10.51% year-over-year, while the profit saw a growth of 4.88% compared to the same period last year.
In comparison to the previous quarter, Esab India experienced a decline of 3.32% in revenue, but managed to increase its profit by 0.45%.
The Selling, General & Administrative expenses of the company rose by 1.47% quarter-over-quarter and showed a significant increase of 13.81% year-over-year.
Esab India's operating income also saw a slight uptick of 0.05% sequentially and a notable growth of 7.88% year-over-year.
The Earnings Per Share (EPS) for Q1 stood at ₹28.88, marking a 4.87% increase year-over-year.
Furthermore, Esab India's stock performance over different time frames has been mixed, with a -0.2% return in the last week, a 9.55% return in the past 6 months, and a 7.32% year-to-date return.
As of now, Esab India boasts a market capitalization of ₹9716.92 Cr and has a 52-week high/low trading range of ₹6999 and ₹4560.2 respectively.
Esab India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 329.61 | 340.93 | -3.32% | 298.25 | +10.51% |
| Selling/ General/ Admin Expenses Total | 28.27 | 27.86 | +1.47% | 24.84 | +13.81% |
| Depreciation/ Amortization | 3.33 | 3.53 | -5.67% | 3.34 | -0.3% |
| Total Operating Expense | 270.87 | 282.22 | -4.02% | 243.8 | +11.1% |
| Operating Income | 58.74 | 58.71 | +0.05% | 54.45 | +7.88% |
| Net Income Before Taxes | 59.84 | 59.92 | -0.13% | 56.88 | +5.2% |
| Net Income | 44.45 | 44.25 | +0.45% | 42.38 | +4.88% |
| Diluted Normalized EPS | 28.88 | 28.75 | +0.46% | 27.54 | +4.87% |
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