Rane Madras Q1 results : profit at ₹3.41Cr, Revenue decreased by 11.27% YoY
Rane Madras Q1 results : Revenue decreased by 11.27% YoY & profit at ₹3.41Cr
Rane Madras Q1 Results Live : Rane Madras announced their Q1 results on 24 Jul, 2024, with a decrease in revenue by 11.27% YoY, amounting to ₹3.41Cr in profit.
It is important to note that Rane Madras had faced a loss of ₹14.47Cr in the same period of the previous fiscal year.
In comparison to the previous quarter, the revenue witnessed a growth of 0.71%.
The Selling, general & administrative expenses saw a rise of 15.55% q-o-q but decreased by 30.22% Y-o-Y.
The operating income showed a significant increase of 1352.63% q-o-q and 2941.18% Y-o-Y.
The EPS for Q1 stood at ₹2.12, marking a rise of 251.08% Y-o-Y.
Rane Madras reported a -1.86% return in the last 1 week, while showing positive returns of 9.83% in the last 6 months and 8.18% YTD.
Currently, Rane Madras holds a market cap of ₹1440.45 Cr with a 52-week high/low of ₹1023 & ₹603.55 respectively.
Rane Madras Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 522.01 | 518.32 | +0.71% | 588.34 | -11.27% |
| Selling/ General/ Admin Expenses Total | 54.68 | 47.32 | +15.55% | 78.36 | -30.22% |
| Depreciation/ Amortization | 21.14 | 21.92 | -3.56% | 24.32 | -13.08% |
| Total Operating Expense | 502.69 | 516.99 | -2.77% | 589.02 | -14.66% |
| Operating Income | 19.32 | 1.33 | +1352.63% | -0.68 | +2941.18% |
| Net Income Before Taxes | 6 | -11.58 | +151.81% | -13.47 | +144.54% |
| Net Income | 3.41 | -9.37 | +136.39% | -14.47 | +123.57% |
| Diluted Normalized EPS | 2.12 | -5.12 | +141.42% | -1.4 | +251.08% |
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