Tainwala Chemicals & Plastics Q1 Results Live : profit rise by 198.9% YOY

Tainwala Chemicals & Plastics Q1 Results Live : Tainwala Chemicals & Plastics announced their Q1 results on 29 Jul, 2024, revealing a significant 76.12% decrease in revenue compared to the same period last year. However, the company saw a remarkable 198.9% increase in profits year-over-year.

In comparison to the previous quarter, Tainwala Chemicals & Plastics experienced a substantial 96.18% growth in revenue and a 278.05% surge in profits.

The Selling, General & Administrative expenses for the company rose by 15.62% quarter-over-quarter and increased by 17.14% year-over-year.

The operating income also showed positive growth, with a 190.73% increase quarter-over-quarter and a 164% rise year-over-year.

The Earnings Per Share (EPS) for Q1 stood at ₹0.84, marking a 200% increase year-over-year.

Furthermore, Tainwala Chemicals & Plastics delivered impressive returns to its investors, with a 12.64% return in the last 1 week, 42.25% return in the last 6 months, and a 52.7% year-to-date return.

As of now, Tainwala Chemicals & Plastics holds a market capitalization of ₹209.33 Cr, with a 52-week high/low of ₹224.33 and ₹112.1 respectively.