Orient Ceratech Q1 Results Live : Orient Ceratech declared their Q1 results on 14 Aug, 2024. The topline increased by 34.71% & the profit decreased by 31.17% YoY. As compared to the previous quarter, the revenue grew by 18.74% and the profit decreased by 32.26%.
The company reported that Selling, General & Administrative (SG&A) expenses rose by 18.07% quarter-on-quarter and saw a significant increase of 40.92% year-on-year. These rising costs have evidently impacted the profitability.
Operating income saw a marginal increase of 0.42% compared to the previous quarter but showed a decrease of 13.81% year-on-year. This indicates that while the company is maintaining operational efficiency, the growing expenses are eroding profit margins.
The Earnings Per Share (EPS) for Q1 stood at ₹0.24, reflecting a decrease of 2.78% year-on-year. This drop in EPS underscores the pressure on profitability despite the revenue growth.
In terms of market performance, Orient Ceratech has delivered a 1.47% return over the past week, a -12.5% return over the last 6 months, and a -3.84% year-to-date (YTD) return. These figures suggest a challenging market environment for the company.
Currently, Orient Ceratech has a market capitalization of ₹587.31 Cr. The company's 52-week high and low stand at ₹72.35 and ₹31 respectively, indicating significant volatility in its stock price over the past year.
Orient Ceratech Financials
Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 98.09 | 82.61 | +18.74% | 72.81 | +34.71% |
Selling/ General/ Admin Expenses Total | 10.47 | 8.87 | +18.07% | 7.43 | +40.92% |
Depreciation/ Amortization | 3.6 | 3.26 | +10.52% | 3.06 | +17.51% |
Total Operating Expense | 93.37 | 77.91 | +19.84% | 67.34 | +38.66% |
Operating Income | 4.72 | 4.7 | +0.42% | 5.47 | -13.81% |
Net Income Before Taxes | 3.89 | 4.8 | -18.89% | 5.78 | -32.72% |
Net Income | 2.91 | 4.29 | -32.26% | 4.23 | -31.17% |
Diluted Normalized EPS | 0.24 | 0.36 | -33.33% | 0.25 | -2.78% |
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