National Fittings Q1 Results Live : profit rise by 736.84% YOY

National Fittings Q1 Results Live : National Fittings, a leading company in the fittings industry, announced their Q1 results on 24 Jul, 2024. The company reported a decrease in revenue by 13.05% year-over-year, but a significant increase in profit by 736.84% year-over-year.

Comparing to the previous quarter, National Fittings experienced a 30.03% decline in revenue, but a substantial 261.65% increase in profit.

The company managed to reduce its Selling, general & administrative expenses by 16.97% quarter-over-quarter and 5.85% year-over-year.

National Fittings saw a remarkable growth in operating income, which was up by 196.47% quarter-over-quarter and 478.56% year-over-year.

The earnings per share (EPS) for Q1 stood at ₹0.44, showing a decrease of 51.8% year-over-year.

In terms of market performance, National Fittings delivered a -5.16% return in the last week, 0.41% return in the last 6 months, and -13.67% year-to-date return.

Currently, National Fittings has a market capitalization of ₹121.85 Cr with a 52-week high/low of ₹194.75 & ₹90.25 respectively.