Business

Endurance Technologies Q2 results: Profit up 31.33% YoY

Business Business: Endurance Technologies announced its Q2 results on November 6, 2024, which saw a significant increase in financial performance. The company’s top-line revenue grew by 14.45% year-on-year, while profit grew by an impressive 31.33%. Compared to the previous quarter, revenue saw a marginal increase of 3.08%, although profit saw a marginal decrease of 0.43%. In terms of operational efficiency, selling, general and administrative expenses saw a decline of 3.3% quarter-on-quarter but increased by 13.91% year-on-year. This reflects a mixed trend in expense management, with costs increasing year-on-year while improving in the short term.

Operating income also demonstrated positive momentum, growing 2.25% from the previous quarter and showing a significant increase of 25.48% year-on-year. Earnings per share (EPS) for the second quarter stood at ₹14.43, reflecting a solid growth of 31.3% year-on-year. Investors have shown confidence in Endurance Technologies, with the stock returning 1.66% in the past week, delivering a stellar return of 22.41% in the past six months and a stellar return of 23.13% year-to-date. Currently, the company has a market capitalization of ₹33,483.38 crore, with a 52-week high of ₹3,061.30 and lowest of ₹1,572.35. As of November 7, 2024, sentiment varies among analysts covering Endurance Technologies. Out of 12 analysts, 3 have issued a Strong Sell rating, 2 have a Sell rating, 2 have a Hold rating, 2 have a Buy rating and 3 have issued a Strong Buy rating. As of this date, the consensus recommendation leans towards Hold, reflecting cautious optimism about the company’s future performance.

हिंदी की ताजा खबरें पढने के लिए यहाँ क्लिक करें|

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
हिंदी की ताजा खबर पढने के लिए यहाँ क्लिक करें|
Bhumi Pednekar’s desi avatar seen Rakul Preet Singh’s bold avatar set the internet on fire Latest Photoshoot of Rachel David Check out the latest photos of Shriya Saran for Hello Mag India awards Rakul Preet Singh Sizzles in Purple Saree Sizzling Photoshoot of Raai Laxmi Glamorous Stills of Huma Qureshi Nora Fatehi Flaunts her Sexy Figure in Transparent Gown Vacation Photos of Chetna Pande Enjoying in her own Style Latest Photoshoot of Samyuktha Menon in White Saree