Transformers & Rectifiers India Q1 Results Live : Transformers & Rectifiers India announced their Q1 results on 19 Jul, 2024, with a remarkable performance.
The company witnessed a significant increase in revenue by 106.98% Year-on-Year, reaching ₹20.09 Cr in profit.
This turnaround is particularly impressive considering the loss of ₹12.61 Cr in the same period last fiscal year.
However, there was a decline in revenue by 37.19% compared to the previous quarter.
Selling, general & administrative expenses decreased by 39.37% quarter-on-quarter but rose by 17.88% year-on-year.
Operating income saw a decrease of 46.01% quarter-on-quarter, yet surged by 2067.22% year-on-year.
The Earnings Per Share (EPS) for Q1 stood at ₹1.4, marking a substantial increase of 247.37% year-on-year.
Transformers & Rectifiers India has shown strong returns with -0.77% in the last week, 182.94% in the last 6 months, and 223.23% Year-to-Date.
The company currently holds a market cap of ₹11223.2 Cr with a 52-week high/low of ₹845.7 & ₹76 respectively.
Analysts covering the company have given positive ratings, with 1 Buy and 1 Strong Buy out of 2 analysts as of 21 Jul, 2024.
The consensus recommendation as of the same date was to Strong Buy, reflecting the positive outlook on Transformers & Rectifiers India.
Transformers & Rectifiers India Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 322 | 512.7 | -37.19% | 155.57 | +106.98% |
| Selling/ General/ Admin Expenses Total | 11.14 | 18.37 | -39.37% | 9.45 | +17.88% |
| Depreciation/ Amortization | 6.78 | 6.03 | +12.4% | 6.17 | +9.89% |
| Total Operating Expense | 286.59 | 447.11 | -35.9% | 157.37 | +82.11% |
| Operating Income | 35.41 | 65.59 | -46.01% | -1.8 | +2067.22% |
| Net Income Before Taxes | 27.78 | 56.04 | -50.43% | -15.23 | +282.4% |
| Net Income | 20.09 | 39.93 | -49.68% | -12.61 | +259.32% |
| Diluted Normalized EPS | 1.4 | 2.74 | -48.95% | -0.95 | +247.37% |