Ambika Cotton Mills Q1 Results Live : Ambika Cotton Mills Q1 Results Live : Ambika Cotton Mills declared their Q1 results on 09 Aug, 2024. The topline decreased by 5.79% YoY, while the profit increased by 3.76% YoY. Compared to the previous quarter, the revenue grew by 1.6%, and the profit surged by 33.81%.
The company reported a slight increase in Selling, General & Administrative (SG&A) expenses by 1.17% quarter-over-quarter (q-o-q), but these expenses decreased by 4.26% year-over-year (Y-o-Y). This indicates the company’s efforts in controlling operational costs over the year.
Operating income showed a significant improvement, rising by 21.61% q-o-q and a remarkable 53.1% Y-o-Y. This robust growth in operating income demonstrates the company’s operational efficiency and effective cost management.
Earnings per Share (EPS) for the quarter stood at ₹37.61, reflecting a 3.78% increase Y-o-Y. This rise in EPS highlights the company’s ability to generate higher earnings for its shareholders.
In terms of stock performance, Ambika Cotton Mills has delivered a -3.76% return in the last week. However, over a longer period, the company has provided a 15.03% return over the last 6 months and a 13.92% return Year-To-Date (YTD).
Currently, Ambika Cotton Mills boasts a market capitalization of ₹1120.61 Cr. The stock has a 52-week high of ₹2197.65 and a 52-week low of ₹1385.65, indicating a considerable range of trading over the past year.
Ambika Cotton Mills Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 209.09 | 205.79 | +1.6% | 221.95 | -5.79% |
| Selling/ General/ Admin Expenses Total | 13.02 | 12.87 | +1.17% | 13.6 | -4.26% |
| Depreciation/ Amortization | 5.72 | 7.23 | -20.89% | 6.76 | -15.38% |
| Total Operating Expense | 180.95 | 182.65 | -0.93% | 203.57 | -11.11% |
| Operating Income | 28.14 | 23.14 | +21.61% | 18.38 | +53.1% |
| Net Income Before Taxes | 29.85 | 21.85 | +36.61% | 26.92 | +10.88% |
| Net Income | 21.53 | 16.09 | +33.81% | 20.75 | +3.76% |
| Diluted Normalized EPS | 37.61 | 28.1 | +33.82% | 36.24 | +3.78% |
