Winsome Textile Industries Q2 Results Live: Profit Rises by 104.67% YOY

Winsome Textile Industries Q2 Results Live : Winsome Textile Industries announced their Q2 results on November 7, 2024, revealing a significant increase in profitability and revenue. The company reported a remarkable profit increase of 104.67% year-over-year, alongside an 8.21% rise in topline revenue.

However, the company's performance showed a slight decline compared to the previous quarter, with revenue down by 0.84%. Despite this, profit still saw a commendable increase of 27.33% quarter-over-quarter.

The financial report also indicated a rise in selling, general, and administrative expenses, which increased by 5.64% compared to the previous quarter and 5.91% year-over-year. Additionally, the operating income faced a decrease of 7.33% quarter-over-quarter, yet still increased by 26.41% year-over-year.

Earnings per share (EPS) for Q2 stood at ₹4.46, marking an impressive growth of 108.41% compared to the same quarter last year.

In terms of stock performance, Winsome Textile Industries has delivered a solid return of 10.46% over the last week, 17.15% over the past six months, and a remarkable 31.84% year-to-date.

Currently, the company's market capitalization is ₹188.17 crore, with a 52-week high and low of ₹128 and ₹60.55, respectively, reflecting its strong position in the market.