Aia Engineering Q2 Results Live : Aia Engineering declared their Q2 results on 30 Oct, 2024, reporting a significant decrease in both topline and profit. The company experienced a 19.35% decline in revenue year-over-year, while profit fell by 20.54%. Compared to the previous quarter, revenue showed a slight growth of 2.38%, but profit experienced a minor decrease of 1.1%.
The company also reported a reduction in Selling, General & Administrative expenses, which declined by 3.14% quarter-over-quarter and 7.67% year-over-year. However, the operating income faced a setback, decreasing by 4.33% compared to the previous quarter and by 29.5% year-over-year.
Earnings per share (EPS) for Q2 stood at ₹27.29, reflecting a year-over-year decrease of 20.34%. Aia Engineering’s stock has delivered a -1.55% return over the last week, while it has seen a 2.75% return over the past six months and a 5.75% return year-to-date.
As of now, Aia Engineering holds a market capitalization of ₹36,408.94 crore, with a 52-week high of ₹4,949.95 and a low of ₹3,404.60. Analyst sentiment surrounding the company appears mixed; out of 14 analysts, 1 has given a Strong Sell rating, 3 have rated it as Sell, 7 have recommended Hold, 2 have given Buy ratings, and 1 has rated it as Strong Buy.
The consensus recommendation as of 31 Oct, 2024, stands at Hold, indicating a cautious outlook from analysts on the company’s future performance.
Aia Engineering Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1044.2 | 1019.97 | +2.38% | 1294.8 | -19.35% |
| Selling/ General/ Admin Expenses Total | 105.42 | 108.84 | -3.14% | 114.17 | -7.67% |
| Depreciation/ Amortization | 23.58 | 25.36 | -7.05% | 24.51 | -3.81% |
| Total Operating Expense | 792.12 | 756.47 | +4.71% | 937.21 | -15.48% |
| Operating Income | 252.08 | 263.5 | -4.33% | 357.59 | -29.5% |
| Net Income Before Taxes | 337.35 | 340.57 | -0.95% | 412.49 | -18.22% |
| Net Income | 256.72 | 259.58 | -1.1% | 323.08 | -20.54% |
| Diluted Normalized EPS | 27.29 | 27.52 | -0.84% | 34.26 | -20.34% |
#Aia #Engineering #Results #Live #Profit #Falls #YOY #Company #Business #News
Aia Engineering Q2 result, Aia Engineering, Aia Engineering Q2, Aia Engineering 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
