Kinetic Engineering Q4 Results Live : profit falls by 42.01% YOY

Kinetic Engineering Q4 Results Live : Revenue increased by 9.76% YoY & profit decreased by 42.01% YoY

Published2 Jun 2024, 02:18 AM IST

Kinetic Engineering Q4 Results Live : Kinetic Engineering announced their Q4 results on 30 May, 2024, showcasing a 9.76% increase in revenue compared to the same quarter last year.

However, the company experienced a significant 42.01% decline in profit year-over-year.

In comparison to the previous quarter, Kinetic Engineering saw a growth of 18.66% in revenue but a slight 0.54% decrease in profit.

The Selling, general & administrative expenses showed a 1.88% decrease quarter-over-quarter and a 4.62% increase year-over-year.

Operating income witnessed a remarkable 303.33% increase from the previous quarter but a substantial 54.34% decrease from the same quarter last year.

The Earnings Per Share (EPS) for Q4 was reported at ₹0.39, reflecting a significant 70.71% drop year-over-year.

In terms of market performance, Kinetic Engineering delivered -1.59% return in the last week, 33.71% return in the last 6 months, and 29.11% return year-to-date.

As of now, Kinetic Engineering has a market capitalization of ₹390.71 Cr with a 52-week high/low of ₹211.7 and ₹98.15 respectively.

Kinetic Engineering Financials

Period	Q4	Q3	Q-o-Q Growth	Q4	Y-o-Y Growth
Total Revenue	40.7	34.3	+18.66%	37.08	+9.76%
Selling/ General/ Admin Expenses Total	5.21	5.31	-1.88%	4.98	+4.62%
Depreciation/ Amortization	1.68	1.6	+5%	1.67	+0.6%
Total Operating Expense	39.49	34	+16.15%	34.43	+14.7%
Operating Income	1.21	0.3	+303.33%	2.65	-54.34%
Net Income Before Taxes	1.04	0.94	+10.64%	1.74	-40.23%
Net Income	1.01	1.02	-0.54%	1.74	-42.01%
Diluted Normalized EPS	0.39	0.42	-7.14%	1.33	-70.71%