Vesuvius India Q2 Results Live : profit rise by 28.92% YOY

Vesuvius India Q2 Results Live : Vesuvius India declared their Q2 results on 25 Jul, 2024, showcasing a 14.16% increase in revenue and a significant 28.92% rise in profit Year-on-Year (YoY).

Quarterly comparison reveals a 2% growth in revenue but a 2.08% decline in profit when compared to the previous quarter.

The Selling, General & Administrative expenses saw a slight decrease of 0.07% quarter-on-quarter (QoQ) but marked a notable 10.09% increase year-on-year (YoY).

Operating income displayed a 4.37% decrease QoQ, however, it surged by 31.07% YoY.

The Earnings Per Share (EPS) for Q2 stands at ₹33.18, reflecting a 28.95% increase YoY.

In terms of returns, Vesuvius India delivered -3.69% in the last week, while showing impressive returns of 45.66% in the last 6 months and 41.77% Year-to-Date (YTD).

The market capitalization of Vesuvius India currently stands at ₹10,333.85 Cr with a 52-week high/low of ₹5,743.35 & ₹2,978.15 respectively.

Analyst coverage as of 27 Jul, 2024 reveals a Strong Buy rating from the sole analyst covering the company, aligning with the consensus recommendation to Strong Buy.