Tierra Agrotech Q1 Results Live : Tierra Agrotech announced their Q1 results on 15 Jul, 2024, showcasing a 14.7% increase in revenue and a 4.45% rise in profit Year-over-Year (YoY). This growth is significant for the company.
In comparison to the previous quarter, Tierra Agrotech experienced remarkable growth with revenue surging by 566.59% and profit by 233.36%.
However, the Selling, general & administrative expenses saw a 13.62% increase quarter-over-quarter (QoQ) but a 17.85% decline Year-over-Year (YoY). This indicates a mixed trend in expenses management.
The operating income witnessed a substantial 177.77% increase QoQ, while it decreased by 11.28% YoY, reflecting some challenges faced by the company in maintaining last year’s performance levels.
Tierra Agrotech reported an Earnings Per Share (EPS) of ₹0.81 for Q1, showing a slight decrease of 0.24% YoY. This metric is crucial for investors to assess the company’s profitability.
Furthermore, the company’s stock performance has been volatile with a 3.52% return in the last week, but significant negative returns of -32.34% in the last 6 months and -27.9% Year-to-Date (YTD). Investors need to closely monitor these fluctuations.
As of now, Tierra Agrotech commands a market capitalization of ₹392.29 Cr with a 52-week high/low stock price range of ₹186.27 & ₹50.44 respectively, indicating the company’s stock price variability over the past year.
Tierra Agrotech Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 49.95 | 7.49 | +566.59% | 43.54 | +14.7% |
| Selling/ General/ Admin Expenses Total | 4.55 | 4.01 | +13.62% | 5.54 | -17.85% |
| Depreciation/ Amortization | 0.36 | 0.57 | -36.24% | 0.18 | +97.02% |
| Total Operating Expense | 43.52 | 15.76 | +176.21% | 36.3 | +19.88% |
| Operating Income | 6.43 | -8.26 | +177.77% | 7.24 | -11.28% |
| Net Income Before Taxes | 6.62 | -5.58 | +218.77% | 5.83 | +13.61% |
| Net Income | 4.99 | -3.74 | +233.36% | 4.78 | +4.45% |
| Diluted Normalized EPS | 0.81 | -0.68 | +219.12% | 0.81 | -0.24% |