Winsome Textile Industries Q2 Results Live : Winsome Textile Industries announced their Q2 results on November 7, 2024, revealing a significant increase in profitability and revenue. The company reported a remarkable profit increase of 104.67% year-over-year, alongside an 8.21% rise in topline revenue.
However, the company’s performance showed a slight decline compared to the previous quarter, with revenue down by 0.84%. Despite this, profit still saw a commendable increase of 27.33% quarter-over-quarter.
The financial report also indicated a rise in selling, general, and administrative expenses, which increased by 5.64% compared to the previous quarter and 5.91% year-over-year. Additionally, the operating income faced a decrease of 7.33% quarter-over-quarter, yet still increased by 26.41% year-over-year.
Earnings per share (EPS) for Q2 stood at ₹4.46, marking an impressive growth of 108.41% compared to the same quarter last year.
In terms of stock performance, Winsome Textile Industries has delivered a solid return of 10.46% over the last week, 17.15% over the past six months, and a remarkable 31.84% year-to-date.
Currently, the company’s market capitalization is ₹188.17 crore, with a 52-week high and low of ₹128 and ₹60.55, respectively, reflecting its strong position in the market.
Winsome Textile Industries Financials
Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 219.03 | 220.88 | -0.84% | 202.41 | +8.21% |
Selling/ General/ Admin Expenses Total | 20.8 | 19.69 | +5.64% | 19.64 | +5.91% |
Depreciation/ Amortization | 5.66 | 5.59 | +1.25% | 5.61 | +0.89% |
Total Operating Expense | 198.69 | 198.93 | -0.12% | 186.32 | +6.64% |
Operating Income | 20.34 | 21.95 | -7.33% | 16.09 | +26.41% |
Net Income Before Taxes | 9.59 | 9.33 | +2.79% | 5.91 | +62.27% |
Net Income | 8.76 | 6.88 | +27.33% | 4.28 | +104.67% |
Diluted Normalized EPS | 4.46 | 3.49 | +27.79% | 2.14 | +108.41% |
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