ADVENZYMES Q2 Results: Revenue declined by 8.00% year-over-year (YoY) to Rs. 146 crore, while net profit declined by 6.00% YoY to Rs. 33 crore.
NSE: ADVENZYMES: Rs.481.10 (-2.6%) on 8-nov-2024
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.
Revenue
Revenue for the current quarter (Sep 2024) is Rs. 146 crore which is Rs. 155 crore less than the revenue in the previous quarter (Jun 2024). However, it is lower than the revenue for the same quarter last year (Sep 2023) which was Rs. 158 crore.
Net Profit
Net Profit for the current quarter (Sep 2024) is Rs. 33 crore, which is Rs. 35 crore less than the net profit in the previous quarter (Jun 2024). However, compared to the same quarter last year, it is significantly lower than the net profit of Rs. 35 crore for Sep 2023.
Profit Margin
The profit margin for the current quarter (Sep 2024) is 29%, which is the 33% profit margin for the previous quarter (Jun 2024). However, compared to the same quarter last year, the profit margin remains at 32%, as it was in Sep 2023.
EPS
The EPS for the current quarter (Sep 2024) is 2.94, which is 3.05 less than the EPS for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is lower than EPS of 3.08 for Sep 2023.
Other Income
Other income for the current quarter (Sep 2024) is Rs. 10 crore, which is Rs. 7 crore more than the other income for the previous quarter (Jun 2024). However, compared to the same quarter last year, it is higher than the other income of Rs. 6 crore for Sep 2023.