GNA Axles Q1 Results Live : profit falls by 16.21% YOY
GNA Axles Q1 Results Live : Revenue increased by 6.84% YoY & profit decreased by 16.21% YoY
GNA Axles Q1 Results Live : GNA Axles declared their Q1 results on 11 Jul, 2024. The topline increased by 6.84% & the profit decreased by 16.21% YoY.
In comparison to the previous quarter, the revenue grew by 7.71% and the profit increased by 65.86%.
The Selling, general & administrative expenses rose by 12.19% q-o-q & increased by 5.53% Y-o-Y.
The operating income was up by 78.66% q-o-q & decreased by 12.74% Y-o-Y.
The EPS is ₹6.47 for Q1 which decreased by 16.14% Y-o-Y.
GNA Axles has delivered 1.77% return in the last 1 week, -11.47% return in the last 6 months and -0.02% YTD return.
Currently, GNA Axles has a market cap of ₹1910.42 Cr and 52wk high/low of ₹583.25 & ₹357.2 respectively.
As of 13 Jul, 2024, out of 1 analysts covering the company, 1 analyst has given a Strong Buy rating.
The consensus recommendation as of 13 Jul, 2024, was to Strong Buy.
GNA Axles Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 399.62 | 371.02 | +7.71% | 374.02 | +6.84% |
| Selling/ General/ Admin Expenses Total | 19.62 | 17.49 | +12.19% | 18.59 | +5.53% |
| Depreciation/ Amortization | 13.77 | 12.9 | +6.74% | 12.21 | +12.78% |
| Total Operating Expense | 358.58 | 348.05 | +3.03% | 326.99 | +9.66% |
| Operating Income | 41.04 | 22.97 | +78.66% | 47.03 | -12.74% |
| Net Income Before Taxes | 37.76 | 20.29 | +86.1% | 45.01 | -16.12% |
| Net Income | 27.76 | 16.74 | +65.86% | 33.13 | -16.21% |
| Diluted Normalized EPS | 6.47 | 3.9 | +65.9% | 7.71 | -16.14% |
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