Ventura Textiles Q1 Results Live : Ventura Textiles announced their Q1 results on 09 Jul, 2024, showing a significant decrease in revenue by 84.73% compared to the same quarter last year.
The company also managed to reduce its loss by 55.39% year-over-year, showcasing a positive trend in their financial performance.
In comparison to the previous quarter, Ventura Textiles experienced a 5.13% decline in revenue and a substantial 96.2% decrease in loss.
Selling, general & administrative expenses saw a notable decline of 93.7% quarter-over-quarter and 91.04% year-over-year, indicating effective cost management strategies.
On the operational front, the operating income showed a significant increase of 91.25% from the previous quarter and 81.58% year-over-year, reflecting improved efficiency.
The Earnings Per Share (EPS) for Q1 stood at ₹-0.07, marking a 58.82% increase year-over-year.
Ventura Textiles also showcased its market performance, delivering a 15.32% return in the last week, while showing negative returns of -27.26% in the last 6 months and -22.97% year-to-date.
Currently, Ventura Textiles holds a market cap of ₹30.46 Cr with a 52-week high/low of ₹22.57 and ₹5.5 respectively, indicating the company’s market position and fluctuations.
Ventura Textiles Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0.05 | 0.06 | -5.13% | 0.35 | -84.73% |
| Selling/ General/ Admin Expenses Total | 0 | 0.05 | -93.7% | 0.03 | -91.04% |
| Depreciation/ Amortization | 0 | 0.01 | -75.84% | 0.17 | -97.85% |
| Total Operating Expense | 0.14 | 1.06 | -86.68% | 0.83 | -82.91% |
| Operating Income | -0.09 | -1.01 | +91.25% | -0.48 | +81.58% |
| Net Income Before Taxes | -0.14 | -3.8 | +96.2% | -0.32 | +55.39% |
| Net Income | -0.14 | -3.8 | +96.2% | -0.32 | +55.39% |
| Diluted Normalized EPS | -0.07 | -1.95 | +96.41% | -0.17 | +58.82% |