RattanIndia Enterprises Q1 Results Profit Soars to ₹8,512.47 Million with Revenue Reaching ₹24,940.35 Million

RattanIndia Enterprises Q1 Results 2024-2025: RattanIndia Enterprises reported their Q1 results for the fiscal year 2024-2025 on August 12, 2024, showing a dramatic increase in revenue.

The company's total revenue for the quarter ending June 30, 2024, surged to ₹24,940.35 million, marking an impressive year-over-year (YoY) growth of 91.76% compared to ₹12,983.40 million in Q4 2023-2024. This substantial rise is largely attributed to a significant boost in revenue from operations, which saw a year-over-year (YoY) increase of 91.52%.

In contrast, the company faced a notable year-over-year (YoY) improvement in profit before tax, which soared to ₹10,051.74 million from a loss of ₹813.33 million in the previous quarter. This represents a remarkable turnaround of over 1,335% quarter-over-quarter (QoQ).

Additionally, the profit for the period also showed a year-over-year (YoY) gain, reaching ₹8,512.47 million, compared to a loss of ₹815.06 million in the same quarter of the previous year. This reflects a strong operational performance and effective financial management, signaling a positive trajectory for the company's future growth.

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Rattanindia Enterprises Q1 Results 2024-2025

RattanIndia Enterprises has released its financial results for the first quarter of the fiscal year 2024-2025.

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Rattanindia Enterprises Current Market Overview

RattanIndia Enterprises is currently performing well in the stock market. As of September 10, 2024, the company's share price is ₹79.1, showing a slight increase of 1.11%. With a market capitalization of ₹10,938 crore, the company is valued highly by investors.

The stock has fluctuated between a high of ₹94.8 and a low of ₹48.3 in recent times. It has a Price-to-Earnings (P/E) ratio of 9.58, indicating it is reasonably priced compared to its earnings. The company also has strong financial metrics, including a high Return on Capital Employed (ROCE) of 36.0% and a Return on Equity (ROE) of 75.5%. However, it currently does not offer any dividend yield.

Quarterly Results

RattanIndia Enterprises's quarterly results for December 2023, March 2024, and June 2024.

About Rattanindia Enterprises

RattanIndia Enterprises is a leading company within the RattanIndia Group, focusing on modern and technology-driven industries. The company operates in various sectors, including e-commerce, electric vehicles, and drones.

By investing in these innovative fields, RattanIndia Enterprises aims to drive growth and adapt to the latest market trends. Their commitment to technology and new-age businesses positions them as a dynamic player in the evolving business landscape.

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