Vinyl Chemicals India Q1 Results Live : profit rise by 40.57% YOY
Vinyl Chemicals India Q1 Results Live : Revenue increased by 34.97% YoY & profit increased by 40.57% YoY
Vinyl Chemicals India Q1 Results Live : Vinyl Chemicals India announced their Q1 results on 05 Aug, 2024, showcasing a significant growth in both revenue and profit compared to the same quarter last year. The company's revenue increased by 34.97% year-over-year, while the profit saw an even greater rise of 40.57% year-over-year.
However, when compared to the previous quarter, Vinyl Chemicals India experienced a decline in revenue by 7.51% and a decrease in profit by 34.66%.
The Selling, general & administrative expenses for the company rose by 2.11% quarter-over-quarter and increased by 13.28% year-over-year.
In terms of operating income, there was a significant decrease of 37.24% quarter-over-quarter, but a substantial increase of 74.79% year-over-year.
The company reported an Earnings Per Share (EPS) of ₹2.68 for Q1, marking a 40.31% increase year-over-year.
Vinyl Chemicals India's stock performance has been lackluster recently, with -5.35% return in the last 1 week, -8.43% return in the last 6 months, and -15.13% Year-to-Date return.
As of now, Vinyl Chemicals India boasts a market capitalization of ₹708.45 Cr and has seen a 52-week high/low of ₹520 and ₹311.4 respectively.
Vinyl Chemicals India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 155.63 | 168.27 | -7.51% | 115.31 | +34.97% |
| Selling/ General/ Admin Expenses Total | 1.45 | 1.42 | +2.11% | 1.28 | +13.28% |
| Depreciation/ Amortization | 0.02 | 0.03 | -33.33% | 0.03 | -33.33% |
| Total Operating Expense | 149.53 | 158.55 | -5.69% | 111.82 | +33.72% |
| Operating Income | 6.1 | 9.72 | -37.24% | 3.49 | +74.79% |
| Net Income Before Taxes | 6.73 | 10.33 | -34.85% | 4.66 | +44.42% |
| Net Income | 4.92 | 7.53 | -34.66% | 3.5 | +40.57% |
| Diluted Normalized EPS | 2.68 | 4.11 | -34.79% | 1.91 | +40.31% |
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