Continental Securities Q2 Results Live : Continental Securities announced their impressive Q2 results on October 17, 2024, reporting a significant increase in both revenue and profit compared to the same quarter last year.
The company’s topline surged by 68.22% year-over-year, while profits soared by an astounding 107.97%. This marks a strong performance for the firm, showcasing its resilience in a fluctuating market.
On a quarterly basis, revenue saw a modest growth of 0.62%, with profit increasing by 6.05%. These figures indicate a stable growth trajectory despite the challenges faced in the industry.
However, the Selling, General & Administrative expenses saw a considerable rise, climbing 62.11% quarter-over-quarter and 65.59% year-over-year, which may raise concerns about cost management moving forward.
In terms of operating income, the company experienced a decline of 4.36% compared to the previous quarter, yet it still reflects a robust increase of 70.79% year-over-year, indicating strong operational performance over the longer term.
The Earnings Per Share (EPS) for Q2 stood at ₹0.14, representing a remarkable increase of 75% year-over-year, further highlighting the company’s successful financial strategies.
Continental Securities Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0.65 | 0.65 | +0.62% | 0.39 | +68.22% |
| Selling/ General/ Admin Expenses Total | 0.08 | 0.05 | +62.11% | 0.05 | +65.59% |
| Depreciation/ Amortization | 0.01 | 0.01 | +5.63% | 0.01 | -14.77% |
| Total Operating Expense | 0.08 | 0.05 | +54.76% | 0.06 | +52.8% |
| Operating Income | 0.57 | 0.59 | -4.36% | 0.33 | +70.79% |
| Net Income Before Taxes | 0.5 | 0.47 | +6.27% | 0.24 | +108.4% |
| Net Income | 0.37 | 0.35 | +6.05% | 0.18 | +107.97% |
| Diluted Normalized EPS | 0.14 | 0.13 | +7.69% | 0.08 | +75% |
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