Shish Industries Q4 FY24 Results Live : profit rise by 31.73% YOY

Shish Industries announced their Q4 FY24 results on 18 Apr, 2024, showcasing a strong performance with a 24.62% year-on-year increase in revenue and a notable 31.73% rise in profit.

Despite a 4.16% decline in revenue compared to the previous quarter, the company managed to achieve a significant 100.01% increase in profit during Q4 FY24.

The Selling, general & administrative expenses saw a significant uptick, rising by 30.62% quarter-on-quarter and a substantial 234.25% year-on-year.

Operating income also showed positive growth, increasing by 181.45% sequentially and 27.42% year-on-year for Shish Industries.

With an Earnings Per Share (EPS) of ₹1.15 for Q4 FY24, the company recorded a 57.01% year-on-year increase in this financial metric.

Shish Industries' stock performance has been impressive, delivering returns of 5.24% in the last 1 week, 9.4% in the last 6 months, and 22.3% year-to-date.

The market capitalization of Shish Industries currently stands at ₹446.34 Cr, with a 52-week high/low stock price range of ₹149.65 and ₹92.9 respectively.