Vimta Labs Q1 Results Live : Vimta Labs announced their Q1 results on 17 Jul, 2024, revealing a 2.07% decrease in revenue year-over-year. However, the company saw a 0.67% increase in profit compared to the same period last year.
In comparison to the previous quarter, Vimta Labs experienced a 2.59% growth in revenue but a 0.57% decrease in profit.
The Selling, general & administrative expenses for the company rose by 3.31% quarter-over-quarter but decreased by 0.55% year-over-year.
Operating income showed a decrease of 0.11% sequentially but an increase of 0.95% year-over-year.
The earnings per share (EPS) for Q1 stood at ₹5.47, marking a 1.3% increase year-over-year.
Vimta Labs delivered a return of 8.75% in the last week, 30.32% in the last 6 months, and 39.43% year-to-date.
The market capitalization of Vimta Labs currently stands at ₹1247.43 Cr with a 52-week high/low of ₹623.15 and ₹390.3 respectively.
As of 18 Jul, 2024, out of 1 analysts covering the company, all 1 analyst has given a Buy rating, with the consensus recommendation also being to Buy.