Ratnabhumi Developers Q1 Results Live : profit rise by 124606.25% YOY

Ratnabhumi Developers Q1 Results Live : Ratnabhumi Developers Q1 Results Live: Ratnabhumi Developers declared their Q1 results on 14 Aug, 2024. The topline saw a staggering increase of 125240.1%, while the profit surged by 124606.25% YoY. When compared to the previous quarter, the revenue grew by 43987.34% and the profit increased by 1004.21%, showcasing remarkable growth.

The company's selling, general, and administrative expenses rose by 3.25% quarter-over-quarter (q-o-q) and increased by 9.57% year-over-year (Y-o-Y). Despite these rising expenses, Ratnabhumi Developers managed to significantly boost its operating income, which was up by 17.25% q-o-q and increased by 85.46% Y-o-Y.

Earnings per Share (EPS) for Q1 stood at ₹1.46, marking an exceptional increase of 124686.32% Y-o-Y. This reflects the company's strong financial performance and profitability during the quarter.

However, in terms of market performance, Ratnabhumi Developers has shown a negative return of -0.08% in the last week, -0.39% in the last six months, and a year-to-date (YTD) return of -7.27%.

Currently, Ratnabhumi Developers has a market capitalization of ₹174.78 Crores. The company's 52-week high and low stand at ₹180 and ₹92.4, respectively, indicating a broad trading range over the past year.