Menon Bearings Q1 Results Live : Menon Bearings announced their Q1 results on 18 Jul, 2024, showing a 5.03% increase in revenue compared to the previous year.
However, the company experienced a 14.9% decrease in profit year-over-year.
Quarterly comparisons revealed a 7.59% growth in revenue and a 9.49% increase in profit.
The Selling, general & administrative expenses saw a significant rise of 15.48% compared to the previous quarter and 13.21% year-over-year.
Operating income also reflected a positive trend with an 8.01% increase quarter-over-quarter, but a 13.28% decrease year-over-year.
The Earnings Per Share (EPS) for Q1 stood at ₹1.1, indicating a 14.73% decrease year-over-year.
In terms of returns, Menon Bearings delivered -5.5% in the last week, -4.07% in the last 6 months, and -4.46% year-to-date.
The company currently holds a market capitalization of ₹735.13 Cr with a 52-week high/low of ₹166.4 & ₹108.1 respectively.
Menon Bearings Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 57.69 | 53.62 | +7.59% | 54.92 | +5.03% |
| Selling/ General/ Admin Expenses Total | 10.13 | 8.77 | +15.48% | 8.95 | +13.21% |
| Depreciation/ Amortization | 2.26 | 2.18 | +3.74% | 2.08 | +8.88% |
| Total Operating Expense | 49.29 | 45.84 | +7.52% | 45.24 | +8.95% |
| Operating Income | 8.4 | 7.78 | +8.01% | 9.68 | -13.28% |
| Net Income Before Taxes | 8.23 | 8.07 | +1.9% | 9.71 | -15.27% |
| Net Income | 6.16 | 5.62 | +9.49% | 7.24 | -14.9% |
| Diluted Normalized EPS | 1.1 | 1 | +10% | 1.29 | -14.73% |