Amara Raja Energy & Mobility Q2 Results Live : Amara Raja Energy & Mobility declared their Q2 results on 04 November 2024, reporting a topline increase of 9.85% year-over-year (YoY) while profit rose by 4.1% YoY. However, compared to the previous quarter, revenue saw a slight decline of 0.38%, and profit decreased by 5.42%.
The company’s selling, general and administrative expenses rose by 3.4% quarter-over-quarter (q-o-q) and surged 22.87% YoY, indicating higher operational costs. Additionally, the operating income was down by 2.97% q-o-q but showed a healthy increase of 6.43% YoY, reflecting improved operational efficiency over the longer term.
Earnings per share (EPS) for Q2 stood at ₹12.87, representing a decrease of 2.87% YoY, which may raise concerns among investors about the company’s short-term profitability despite the annual growth.
In terms of stock performance, Amara Raja Energy & Mobility has shown resilience with a 4% return over the last week, a remarkable 22.47% return over the past six months, and an impressive 68.41% return year-to-date (YTD).
The current market capitalization of Amara Raja Energy & Mobility is ₹25,152.26 crore, with a 52-week high of ₹1,775.95 and a low of ₹622, reflecting significant volatility in the stock’s performance.
As of 05 November 2024, out of 14 analysts covering the company, ratings are mixed: 2 analysts have given a Strong Sell rating, 2 analysts have rated it as Sell, 4 have a Hold rating, 5 analysts have rated it as Buy, and 1 analyst has given a Strong Buy rating. The consensus recommendation as of this date is to Hold.
Amara Raja Energy & Mobility Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3250.73 | 3263.05 | -0.38% | 2959.34 | +9.85% |
| Selling/ General/ Admin Expenses Total | 208.43 | 201.58 | +3.4% | 169.63 | +22.87% |
| Depreciation/ Amortization | 127.47 | 122.6 | +3.97% | 115.7 | +10.17% |
| Total Operating Expense | 2945.52 | 2948.49 | -0.1% | 2672.57 | +10.21% |
| Operating Income | 305.21 | 314.56 | -2.97% | 286.77 | +6.43% |
| Net Income Before Taxes | 317.07 | 334.71 | -5.27% | 309.8 | +2.35% |
| Net Income | 235.61 | 249.12 | -5.42% | 226.32 | +4.1% |
| Diluted Normalized EPS | 12.87 | 13.61 | -5.44% | 13.25 | -2.87% |
#Amara #Raja #Energy #Mobility #Results #Live #Profit #Rises #YOY #Company #Business #News
Amara Raja Energy & Mobility Q2 result, Amara Raja Energy & Mobility, Amara Raja Energy & Mobility Q2, Amara Raja Energy & Mobility Quarterly Result, Q2 Result
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
