Aia Engineering Q2 Results Live : Aia Engineering declared their Q2 results on 30 Oct, 2024, reporting a significant decrease in both topline and profit. The company experienced a 19.35% decline in revenue year-over-year, while profit fell by 20.54%. Compared to the previous quarter, revenue showed a slight growth of 2.38%, but profit experienced a minor decrease of 1.1%.
The company also reported a reduction in Selling, General & Administrative expenses, which declined by 3.14% quarter-over-quarter and 7.67% year-over-year. However, the operating income faced a setback, decreasing by 4.33% compared to the previous quarter and by 29.5% year-over-year.
Earnings per share (EPS) for Q2 stood at ₹27.29, reflecting a year-over-year decrease of 20.34%. Aia Engineering’s stock has delivered a -1.55% return over the last week, while it has seen a 2.75% return over the past six months and a 5.75% return year-to-date.
As of now, Aia Engineering holds a market capitalization of ₹36,408.94 crore, with a 52-week high of ₹4,949.95 and a low of ₹3,404.60. Analyst sentiment surrounding the company appears mixed; out of 14 analysts, 1 has given a Strong Sell rating, 3 have rated it as Sell, 7 have recommended Hold, 2 have given Buy ratings, and 1 has rated it as Strong Buy.
The consensus recommendation as of 31 Oct, 2024, stands at Hold, indicating a cautious outlook from analysts on the company’s future performance.
Aia Engineering Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1044.2 | 1019.97 | +2.38% | 1294.8 | -19.35% |
| Selling/ General/ Admin Expenses Total | 105.42 | 108.84 | -3.14% | 114.17 | -7.67% |
| Depreciation/ Amortization | 23.58 | 25.36 | -7.05% | 24.51 | -3.81% |
| Total Operating Expense | 792.12 | 756.47 | +4.71% | 937.21 | -15.48% |
| Operating Income | 252.08 | 263.5 | -4.33% | 357.59 | -29.5% |
| Net Income Before Taxes | 337.35 | 340.57 | -0.95% | 412.49 | -18.22% |
| Net Income | 256.72 | 259.58 | -1.1% | 323.08 | -20.54% |
| Diluted Normalized EPS | 27.29 | 27.52 | -0.84% | 34.26 | -20.34% |
