Tamboli Industries Q1 Results Live : profit falls by 35.28% YOY
Tamboli Industries Q1 Results Live : Revenue decreased by 26.89% YoY & profit decreased by 35.28% YoY
Tamboli Industries Q1 Results Live : Tamboli Industries declared their Q1 results on 13 Aug, 2024. The topline decreased by 26.89% and the profit decreased by 35.28% year-over-year (YoY). As compared to the previous quarter, the revenue declined by 16.7% and the profit decreased by 1.59%.
The company reported a significant decline in their Selling, General & Administrative (SG&A) expenses, which fell by 36.73% quarter-over-quarter (q-o-q) and decreased by 40.9% year-over-year (YoY).
Operating income saw a modest increase of 5.72% q-o-q but was down by 20.71% YoY, indicating that the company is facing challenges in maintaining profitability.
The Earnings Per Share (EPS) for Q1 is ₹1.41, which represents a decrease of 35.02% compared to the same period last year.
Tamboli Industries has delivered a 1.8% return over the last week, a -9.51% return over the last 6 months, and a -16.48% year-to-date (YTD) return, reflecting a challenging period for the company's stock performance.
Currently, Tamboli Industries has a market cap of ₹131.74 Cr with a 52-week high of ₹194 and a 52-week low of ₹110.
Tamboli Industries Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 14.1 | 16.93 | -16.7% | 19.29 | -26.89% |
| Selling/ General/ Admin Expenses Total | 3.23 | 5.1 | -36.73% | 5.46 | -40.9% |
| Depreciation/ Amortization | 1.27 | 1.06 | +20.53% | 1.08 | +17.62% |
| Total Operating Expense | 12.04 | 14.98 | -19.63% | 16.69 | -27.85% |
| Operating Income | 2.06 | 1.95 | +5.72% | 2.6 | -20.71% |
| Net Income Before Taxes | 1.94 | 1.93 | +0.7% | 2.95 | -34.3% |
| Net Income | 1.39 | 1.42 | -1.59% | 2.15 | -35.28% |
| Diluted Normalized EPS | 1.41 | 1.43 | -1.4% | 2.17 | -35.02% |
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