Ram Ratna Wires Q4 Results Live : Ram Ratna Wires announced their Q4 results on 14 May, 2024, showing a strong performance. The company’s revenue increased by 10.9% year-over-year, indicating solid growth in their top line.
The profit also saw a significant rise, growing by 16.85% compared to the same quarter last year. This growth in profitability reflects the company’s efficient cost management and operational performance.
In comparison to the previous quarter, Ram Ratna Wires witnessed a 15.03% increase in revenue and a substantial 52.66% growth in profit, showcasing a strong sequential performance.
The Selling, general & administrative expenses of the company rose by 3.86% quarter-on-quarter and increased by 20.71% year-on-year, indicating potential areas for cost optimization in the future.
Furthermore, the operating income showed a notable increase of 50.56% quarter-on-quarter and a solid 14.04% growth year-on-year, demonstrating improved operational efficiency.
The Earnings Per Share (EPS) for Q4 stood at ₹4, marking a 3.53% increase year-on-year, which is a positive indicator for the company’s shareholders.
Investors have also benefited from Ram Ratna Wires’ strong stock performance, with a 5.11% return in the last week, 44.16% return in the last 6 months, and a 29.98% year-to-date return.
Currently, the company has a market capitalization of ₹1693.78 Cr and a 52-week high/low stock price of ₹411.45 and ₹191.45 respectively, showcasing investor confidence in the company’s growth potential.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 803.39 | 698.4 | +15.03% | 724.41 | +10.9% |
| Selling/ General/ Admin Expenses Total | 14.83 | 14.28 | +3.86% | 12.28 | +20.71% |
| Depreciation/ Amortization | 5.19 | 4.96 | +4.69% | 4.41 | +17.77% |
| Total Operating Expense | 771.81 | 677.42 | +13.93% | 696.73 | +10.78% |
| Operating Income | 31.58 | 20.97 | +50.56% | 27.69 | +14.04% |
| Net Income Before Taxes | 23.42 | 15.61 | +49.99% | 21.98 | +6.55% |
| Net Income | 17.6 | 11.53 | +52.66% | 15.06 | +16.85% |
| Diluted Normalized EPS | 4 | 2.62 | +52.67% | 3.86 | +3.53% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹17.6Cr
Question : What is Q4 revenue?
Ans : ₹803.39Cr
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Published: 16 May 2024, 02:19 AM IST
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