Emami Paper Mills Q1 Results: Know how much the profit increased:-
Business: Emami Paper Mills Q1 Results announced its Q1 results on 09 August 2024, showing a remarkable profit jump of 862.41% year-on-year (YoY). However, the company’s topline saw a marginal decline of 2.87% compared to the same period last year. Compared to the previous quarter, Emami Paper Mills showed revenue growth of 3.97%. Despite this, profits decreased significantly by 52.92%, indicating some volatility in the company’s quarterly performance. The company’s selling, general and administrative (SG&A) expenses have increased by 4.57% quarter-on-quarter (QoQ) and by 2.62% YoY. This indicates higher costs in managing day-to-day operations. Operating income for Q1 remained lower by 36.32% QoQ but saw a substantial increase of 46.71% YoY. This mixed performance reflects different operating efficiencies in different periods. Earnings per share (EPS) in the first quarter stood at ₹1.61, which reflects a significant increase of 632.35% compared to the previous year. This impressive increase in EPS reflects the company’s ability to generate high earnings for its shareholders. In the last week, Emami Paper Mills has given a return of -2.26%. In the last six months, the return has been -2.82%, while the year-to-date (YTD) return has been positive 12.96%. This reflects the mixed performance in the stock market in different time frames. So far, the market capitalization of Emami Paper Mills is ₹812.2 crore. The company’s stock has a 52-week high price of ₹151.9 and a 52-week low price of ₹100.55, which shows considerable price volatility during the year.
