GTPL Hathway Q1 Results Live : profit falls by 60.2% YOY
GTPL Hathway Q1 Results Live : Revenue increased by 8.9% YoY & profit decreased by 60.2% YoY
GTPL Hathway Q1 Results Live : GTPL Hathway announced its Q1 results on 11 Jul, 2024, revealing a YoY increase in revenue by 8.9% while witnessing a significant drop of 60.2% in profit.
Comparing the results to the previous quarter, the company saw a 4.38% growth in revenue and an 8.43% increase in profit.
The Selling, General & Administrative expenses showed a decline of 1.15% sequentially but increased by 4.93% YoY.
Operating income also took a hit, decreasing by 5.15% q-o-q and 53.32% y-o-y.
The Earnings Per Share (EPS) for Q1 is reported at ₹1.27, marking a 60.19% drop YoY.
In terms of market performance, GTPL Hathway delivered -2.92% return in the last week, -13.11% return in the last 6 months, and -9.84% YTD return.
As of now, the company holds a market cap of ₹1937.74 Cr with a 52-week high/low of ₹217.8 & ₹112.7 respectively.
GTPL Hathway Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 843.37 | 807.98 | +4.38% | 774.44 | +8.9% |
| Selling/ General/ Admin Expenses Total | 39.63 | 40.09 | -1.15% | 37.77 | +4.93% |
| Depreciation/ Amortization | 91.89 | 90.4 | +1.65% | 73.89 | +24.36% |
| Total Operating Expense | 822.02 | 785.47 | +4.65% | 728.69 | +12.81% |
| Operating Income | 21.36 | 22.52 | -5.15% | 45.75 | -53.32% |
| Net Income Before Taxes | 21.71 | 21.77 | -0.3% | 47.66 | -54.45% |
| Net Income | 14.29 | 13.18 | +8.43% | 35.91 | -60.2% |
| Diluted Normalized EPS | 1.27 | 1.17 | +8.55% | 3.19 | -60.19% |
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