Sellwin Traders Q1 Results Live : profit rise by 110.68% YOY

Sellwin Traders Q1 Results Live : Sellwin Traders announced their Q1 results on 18 Jul, 2024, showcasing a significant growth in both revenue and profit compared to the previous year. The company's revenue surged by 65.89% year-over-year, while the profit witnessed an impressive increase of 110.68% YoY.

Despite the remarkable yearly growth, Sellwin Traders experienced a decline in revenue by 42.87% from the previous quarter. However, the profit still managed to increase by 98.1% in the same period.

The Selling, general & administrative expenses saw a substantial increase of 38.69% sequentially, but a noteworthy decrease of 61.8% year-over-year, indicating improved cost management strategies by the company.

Sellwin Traders' operating income also displayed a positive trend, rising by 110.65% quarter-over-quarter and 99.02% year-over-year. This indicates the company's ability to efficiently generate profits from its core business operations.

The earnings per share (EPS) for Q1 stood at ₹0.35, reflecting a decrease of 14.63% year-over-year. Despite this decline, the overall financial performance of Sellwin Traders in Q1 seems to be robust, with significant improvements in key financial metrics.