Apex Capital & Finance Q4 Results Live : profit rise by 74.4% YOY
Apex Capital & Finance Q4 Results Live : Apex Capital & Finance announced their Q4 results on 14 May, 2024, showcasing a significant increase in both revenue and profit compared to the previous year.
The company’s revenue surged by 19.04% year-over-year, indicating strong growth in their top line performance.
Moreover, Apex Capital & Finance reported a remarkable 74.4% year-on-year increase in profit, reflecting their operational efficiency and strategic initiatives.
Despite the impressive annual growth, the company experienced a decline in revenue and profit compared to the previous quarter.
The Selling, general & administrative expenses saw a marginal 0.04% decrease quarter-over-quarter, but marked a substantial 24.3% increase year-on-year, suggesting potential cost management strategies in place.
On the operational front, the operating income decreased by 75.74% sequentially but showed a solid 20.29% increase year-on-year, highlighting the company’s overall financial health.
Apex Capital & Finance reported an Earnings Per Share (EPS) of ₹0.68 for Q4, reflecting a notable 73.17% year-on-year growth in earnings per share.
Investors and analysts will be closely monitoring Apex Capital & Finance’s performance and strategies moving forward, considering the mixed quarterly results and impressive annual growth.
Apex Capital & Finance Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1.77 | 6.14 | -71.11% | 1.49 | +19.04% |
| Selling/ General/ Admin Expenses Total | 0.22 | 0.22 | -0.04% | 0.18 | +24.3% |
| Total Operating Expense | 0.36 | 0.31 | +16.45% | 0.31 | +14.34% |
| Operating Income | 1.42 | 5.83 | -75.74% | 1.18 | +20.29% |
| Net Income Before Taxes | 0.54 | 5.07 | -89.33% | 0.32 | +67.33% |
| Net Income | 0.4 | 3.79 | -89.34% | 0.23 | +74.4% |
| Diluted Normalized EPS | 0.68 | 6.4 | -89.38% | 0.39 | +73.17%
|
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