Maximus International Q1 Results Live: profit rise by 57.93% YOY

Maximus International Q1 Results Live : Maximus International Q1 Results Live: Maximus International declared their Q1 results on 13 Aug, 2024. The company reported a significant increase in revenue, which grew by 84.45% year-over-year (YoY). Profit also saw a substantial rise, increasing by 57.93% YoY. However, when compared to the previous quarter, the revenue showed a modest growth of 6.1%, while the profit decreased by 23.12%.

The company's expenses also saw a notable rise. Selling, general & administrative (SG&A) expenses increased by 21.71% quarter-over-quarter (QoQ) and surged by 53.45% YoY. This rise in expenses could potentially impact the company's future profitability if not managed effectively.

Despite the increase in expenses, Maximus International's operating income showed a staggering increase of 13195.52% QoQ and a significant rise of 73.87% YoY. This indicates strong operational performance and effective cost management strategies.

The Earnings Per Share (EPS) for Q1 stood at ₹0.17, marking an increase of 54.55% YoY. This is a positive sign for shareholders as it indicates better profitability and returns on their investments.

In terms of market performance, Maximus International has delivered a 0.89% return in the last week. However, the company has faced challenges over the longer term, with a -25.77% return in the last 6 months and a -3.08% Year-To-Date (YTD) return.

Currently, Maximus International has a market capitalization of ₹247.99 Cr. The company's 52-week high stands at ₹30.45, while the 52-week low is ₹13.4. This indicates a significant range in the stock's trading price over the past year, reflecting the volatility in the market.