Regency Ceramics Q1 Results Live: Loss Rise by 10.05% YoY

Regency Ceramics Q1 Results Live : Regency Ceramics declared their Q1 results on 14 Aug, 2024. The topline for the company saw a substantial increase of 500.25% year-over-year (YoY). However, the net loss also rose by 10.05% YoY. Compared to the previous quarter, the revenue declined by 24.23%, while the loss decreased by 9.34%.

The company's Selling, General & Administrative (SG&A) expenses rose by 1.24% quarter-over-quarter (QoQ) and surged by 133.89% YoY. This significant increase in SG&A expenses has been a notable factor impacting the financial results.

Operating income for Regency Ceramics was up by 8.59% QoQ but witnessed a decline of 11.66% YoY. The operating income figures indicate mixed performance trends over different time frames.

The Earnings Per Share (EPS) for Q1 stood at ₹-1.06, which represents a decrease of 31.79% YoY. The negative EPS indicates that the company is still grappling with profitability issues despite the surge in revenue.

In terms of stock performance, Regency Ceramics has delivered a return of -2.28% in the last week, a substantial 50.54% return over the last 6 months, and a 45.35% Year-To-Date (YTD) return. The stock has experienced significant volatility but has shown strong performance in the medium term.

Currently, Regency Ceramics has a market capitalization of ₹139.4 Cr. The stock's 52-week high is ₹60.01, while the 52-week low is ₹22.15, indicating a broad range of price movements over the past year.