Mahanagar Telephone Nigam Q1 Results Live : Mahanagar Telephone Nigam declared their Q1 results on 14 Aug, 2024. The company's topline decreased by 7.84% year-over-year (YoY), while the loss decreased by 9.13% YoY. Compared to the previous quarter, the revenue saw a decline of 12.04%, and the loss decreased by 1.23%.
The Selling, General & Administrative expenses witnessed a rise of 20.95% quarter-on-quarter (q-o-q) but saw a decrease of 1.93% YoY. This indicates an increase in operational costs over the last quarter but a slight improvement in cost management over the year.
Operating income for Mahanagar Telephone Nigam was down by 19.67% q-o-q but showed a significant increase of 16.75% YoY. This improvement in operating income year-over-year shows an overall better performance in the company's core operations.
The company's Earnings Per Share (EPS) stands at ₹-12.28 for Q1, which reflects an increase of 9.17% YoY. Despite being negative, this improvement is a positive indicator of the company's efforts to minimize losses.
Mahanagar Telephone Nigam has delivered a return of -11.36% in the last 1 week, but over the longer term, it has shown a positive trend with a 45.12% return in the last 6 months and an 84.58% Year-To-Date (YTD) return. This indicates investor confidence and a strong performance in the stock market over the medium to long term.
Currently, Mahanagar Telephone Nigam has a market cap of ₹3912.93 Crores. The stock's 52-week high is ₹101.93, while the 52-week low is ₹20.1. These figures highlight the volatility and potential growth opportunities for the company’s stock in the market.
Mahanagar Telephone Nigam Financials
Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 183.85 | 209.02 | -12.04% | 199.48 | -7.84% |
Selling/ General/ Admin Expenses Total | 147.42 | 121.89 | +20.95% | 150.32 | -1.93% |
Depreciation/ Amortization | 156.5 | 164.32 | -4.76% | 165.64 | -5.52% |
Total Operating Expense | 438.25 | 421.6 | +3.95% | 505.07 | -13.23% |
Operating Income | -254.4 | -212.58 | -19.67% | -305.59 | +16.75% |
Net Income Before Taxes | -774.12 | -783.93 | +1.25% | -851.93 | +9.13% |
Net Income | -774.12 | -783.74 | +1.23% | -851.93 | +9.13% |
Diluted Normalized EPS | -12.28 | -12.44 | +1.29% | -13.52 | +9.17% |
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.
MoreLess