SNL Bearings Q4 Results Live : profit rise by 35.29% YOY

SNL Bearings Q4 Results Live : SNL Bearings announced their Q4 results on 15 May, 2024, showing a 1.15% increase in revenue and a significant 35.29% increase in profit Year-over-Year (YoY).

Quarter-on-Quarter (QoQ), the revenue saw a growth of 0.44% while profit increased by 6.15%, indicating a positive trend in the company's financial performance.

The Selling, General & Administrative expenses rose by 1.77% QoQ and 1.32% YoY, reflecting potential cost management challenges for the company.

Operating income witnessed a substantial increase of 15.96% QoQ and 30% YoY, showcasing improved operational efficiency for SNL Bearings.

Earnings Per Share (EPS) for Q4 stood at ₹5.73, marking a notable 35.41% YoY increase, which is likely to positively impact investor sentiment.

SNL Bearings delivered returns of 4.11% in the last week, 9.59% in the last 6 months, and -7.06% Year-to-Date (YTD), highlighting the company's recent performance in the market.

Currently, SNL Bearings holds a market capitalization of ₹134.57 Cr with a 52-week high/low of ₹444.9 and ₹260.3 respectively, indicating the company's stock price range over the past year.