Narmada Agrobase Q4 Results Live : profit rise by 523.19% YOY

Narmada Agrobase Q4 Results Live : Narmada Agrobase announced their Q4 results on 16 May, 2024, showcasing a 2.66% increase in revenue and an impressive 523.19% rise in profit year-over-year. The company also experienced a significant growth compared to the previous quarter, with revenue up by 53.42% and profit increasing by 375.53%.

The Selling, general & administrative expenses of Narmada Agrobase saw a 14.56% increase quarter-over-quarter, and a 12.26% rise year-over-year, indicating a potential focus on expansion and operational efficiency.

In terms of operating income, the company reported a substantial 184.71% growth quarter-over-quarter and a remarkable 187.9% increase year-over-year, reflecting strong operational performance.

The earnings per share (EPS) for Q4 stood at ₹0.45, marking a significant 522.75% surge year-over-year, demonstrating positive growth and profitability for Narmada Agrobase.

Narmada Agrobase's recent stock performance also showed positive returns, with 8.48% in the last week, 10.76% over the past 6 months, and a -5.17% year-to-date return, showcasing resilience and potential for investors.

As of now, Narmada Agrobase holds a market capitalization of ₹28.59 Cr with a 52-week high/low of ₹34.95 and ₹17.8 respectively, indicating stability and growth potential in the market.