IVP Q1 Results Live: Profit Rise by 188.24% YOY
IVP Q1 Results Live: Revenue decreased by 0.95% YoY & profit increased by 188.24% YoY
IVP Q1 Results Live : IVP declared their Q1 results on 08 Aug, 2024. The company's topline decreased by 0.95% year-over-year, while the profit saw a significant rise of 188.24% YoY. Comparatively, the revenue declined by 2.79% from the previous quarter, and the profit decreased by 27.64% quarter-over-quarter.
The Selling, General & Administrative (SG&A) expenses rose by 4.24% q-o-q and increased by 5.05% Y-o-Y, indicating a rise in operational costs.
Despite these challenges, the operating income was down by 26.92% q-o-q but increased by 53.82% Y-o-Y, showcasing improved operational efficiency over the year.
Earnings per Share (EPS) for Q1 stood at ₹3.32, marking a substantial increase of 188.7% YoY, reflecting the company's strong profitability.
In terms of stock performance, IVP has delivered a -2.58% return in the last week, -19.94% return in the last six months, and a -13.66% YTD return, highlighting a challenging period for investors.
Currently, IVP has a market cap of ₹200.11 Cr, with a 52-week high of ₹290 and a low of ₹134.35.
IVP Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 138.26 | 142.23 | -2.79% | 139.58 | -0.95% |
| Selling/ General/ Admin Expenses Total | 5.41 | 5.19 | +4.24% | 5.15 | +5.05% |
| Depreciation/ Amortization | 1.39 | 1.4 | -0.71% | 1.36 | +2.21% |
| Total Operating Expense | 132.83 | 134.8 | -1.46% | 136.05 | -2.37% |
| Operating Income | 5.43 | 7.43 | -26.92% | 3.53 | +53.82% |
| Net Income Before Taxes | 4.42 | 6.41 | -31.05% | 1.68 | +163.1% |
| Net Income | 3.43 | 4.74 | -27.64% | 1.19 | +188.24% |
| Diluted Normalized EPS | 3.32 | 4.59 | -27.67% | 1.15 | +188.7% |
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.