The Hi-Tech Gears Q2 FY25 Results

November 8, 2024
1 min read read

The Hi-Tech Gears has released its financial results for the Q2 quarter of Financial Year 24-2025. Here's a comprehensive breakdown of the company's performance:

Revenue Analysis

  • Current Quarter Revenue: Rs. 240.99 Cr
  • Quarter-on-Quarter (QoQ) Change: -7.53% (Previous Quarter: Rs. 260.63 Cr )
  • Year-on-Year (YoY) Change: -15.03% (Same Quarter Last Year: Rs. 283.63 Cr )

Profitability Metrics

  • Net Profit: Rs. 9.54 Cr
  • QoQ Profit Change: -32.98% (Previous Quarter: Rs. 14.24 Cr )
  • YoY Profit Change: -86.79% (Same Quarter Last Year: Rs. 72.22 Cr )

Shareholder Returns

  • Earnings Per Share (EPS): Rs. 5.09
  • QoQ EPS Change: -32.85% (Previous Quarter: Rs. 7.58)
  • YoY EPS Change: -86.77% (Same Quarter Last Year: Rs. 38.48)

Performance Summary

Challenging

The Hi-Tech Gears experienced notable declines in both sales and profits. The company might be going through a transition period.

This analysis provides a snapshot of The Hi-Tech Gears's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.

Disclaimer:

This information is for informational purposes only. Please reverify all details from official sources before making any financial decisions. The accuracy and completeness of this data cannot be guaranteed.

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