Genus Power Infrastructures Q2 Results Live : Genus Power Infrastructures declared their Q2 results on 29 Oct, 2024, showcasing a significant topline increase of 88.01% year-over-year, while profit surged by 68.91%. Compared to the previous quarter, revenue grew by 17.56%, and profit jumped by 71.91%.
In terms of expenses, the Selling, General & Administrative costs rose by 12.4% quarter-over-quarter and saw a substantial increase of 57.31% year-over-year, signaling heightened operational costs amid a growing business landscape.
The operating income displayed remarkable growth, up by 31.12% quarter-over-quarter and an impressive 250.9% year-over-year, reflecting the company’s strong operational efficiency and market demand.
Earnings per share (EPS) for Q2 stood at ₹2.98, marking a notable increase of 43.27% year-over-year, further indicating the company’s profitability trajectory.
In terms of stock performance, Genus Power Infrastructures has demonstrated a 6.28% return in the last week, a robust 40.58% return over the past six months, and an outstanding 80.6% year-to-date return, reinforcing investor confidence.
Currently, Genus Power Infrastructures has a market capitalization of ₹12,731.58 Crore, with a 52-week high of ₹476.55 and a low of ₹204.50, highlighting substantial market activity and interest.
As of 30 Oct, 2024, all 2 analysts covering the company have issued a ‘Strong Buy’ rating, indicating strong confidence in the company’s future performance and potential for growth.
Genus Power Infrastructures Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 486.88 | 414.16 | +17.56% | 258.96 | +88.01% |
| Selling/ General/ Admin Expenses Total | 63.19 | 56.22 | +12.4% | 40.17 | +57.31% |
| Depreciation/ Amortization | 6.33 | 6 | +5.54% | 4.95 | +27.87% |
| Total Operating Expense | 411.94 | 357 | +15.39% | 237.6 | +73.37% |
| Operating Income | 74.94 | 57.16 | +31.12% | 21.36 | +250.9% |
| Net Income Before Taxes | 109.41 | 63.63 | +71.95% | 57.56 | +90.09% |
| Net Income | 83.08 | 48.33 | +71.91% | 49.19 | +68.91% |
| Diluted Normalized EPS | 2.98 | 1.74 | +71.26% | 2.08 | +43.27% |
