Tuesday, November 26, 2024

VTM Q1 Results Live : profit rise by 2.19% YOY

VTM Q1 Results Live : VTM announced their Q1 results on 07 Aug, 2024, revealing a significant increase in revenue and profit year over year. The company’s revenue surged by 28.25% compared to the same quarter last year.

Despite a q-o-q decline of 7.25% in revenue, VTM managed to achieve a remarkable 48.47% increase in profit. The Selling, general & administrative expenses saw a slight decrease of 2.03% q-o-q but rose by 31.87% Y-o-Y.

VTM’s operating income witnessed a substantial growth of 137.63% q-o-q and 47.13% Y-o-Y. The earnings per share (EPS) for Q1 stood at ₹1.3, reflecting a 2.36% increase from the previous year.

In terms of market performance, VTM delivered a -0.31% return in the last week, -1.9% return in the last 6 months, and a YTD return of 11.54%. The company currently boasts a market cap of ₹283.12 Cr with a 52-week high/low of ₹79 & ₹54 respectively.

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