2024-11-06 11:09:10 :
Aptus Value Housing Finance India second quarter results live broadcast: Aptus Value Housing Finance India has announced its second quarter results on November 5, 2024. The performance was strong, with revenue increasing by 26.32% year-on-year and profits surging by 22.94% year-on-year.
Compared with the previous quarter, revenue increased by 6.7% and profit increased slightly by 5.95%. This continued growth demonstrates the company’s positive trajectory in a highly competitive market.
Selling, general and administrative (SG&A) expenses increased slightly by 0.36% month-on-month and 10.62% year-on-year, reflecting the company’s continued investment in operating efficiency.
Operating income also performed well, with a month-on-month growth of 5.64% and a year-on-year growth of 27.54%, highlighting the strength of Aptus Value’s core business.
Second quarter earnings per share (EPS) was $3.8, an increase of 24.61% compared with the same period last year, further highlighting the company’s financial health.
Despite last week’s return of -0.17%, Aptus Value Housing Finance India has returned a respectable 6.53% over the past six months and has returned 7.63% so far this year, indicating strong performance for the stock.
As of November 6, 2024, the company’s market capitalization is $Rs 17,198.66 Crore, a new 52-week high $401.65 and lowest price $279.15, reflecting its strong position in the market.
Among the 13 analysts covering the company, the consensus recommendation as of November 6, 2024 is a Buy, with 7 rating it a Strong Buy and 3 rating it a Buy , 1 analyst rates it “hold,” and 2 analysts rate it “sell,” indicating a generally optimistic outlook among investors.
Aptus Value Housing Finance India Finance
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 421.39 | 394.94 | +6.7% | 333.58 | +26.32% |
| Total Selling/General/Administrative Expenses | 43.53 | 43.37 | +0.36% | 39.35 | +10.62% |
| Depreciation/Amortization | 2.84 | 2.6 | +9.08% | 2.63 | +7.84% |
| total operating expenses | 70.87 | 63.14 | +12.25% | 58.76 | +20.62% |
| operating income | 350.52 | 331.8 | +5.64% | 274.82 | +27.54% |
| net income before tax | 236.73 | 221.62 | +6.82% | 189.56 | +24.88% |
| net income | 181.97 | 171.75 | +5.95% | 148.02 | +22.94% |
| Diluted normalized earnings per share | 3.8 | 3.48 | +9.22% | 3.05 | +24.61% |
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