Bombay Oxygen Investments Second Quarter Results Immediate Release: Bombay Oxygen Investments reported second quarter results on November 5, 2024, which showed a significant increase in profits despite a static revenue performance. The company’s revenue growth remained unchanged year-on-year, and its profits increased significantly by 55.49%. However, compared with the previous quarter, revenue fell by 0% and profit fell by 31.27%.
In terms of operating efficiency, the company’s selling, general and administrative expenses fell by 13.55% from the previous quarter, and an annual decrease of 9.07%. The reduction in expenses is likely to help profits grow significantly during the period.
Operating income this quarter increased slightly by 7.02% compared with the previous quarter, but decreased slightly by 0.76% year-on-year. This shows a mixed performance in operating profitability.
Second quarter earnings per share (EPS) were $1229.87, a significant increase of 55.49% compared with the same quarter last year. This impressive EPS growth reflects the company’s ability to generate higher profits relative to its share count.
Bombay Oxygen Investments has also shown strong market performance, returning 6.31% over the past week, 68.98% over the past six months, and 141.15% year-to-date. These numbers show investors’ confidence in the company’s future prospects.
Currently, the company’s market capitalization is $Rs 477.91 Crore, a new 52-week high $38,800 lowest price $12,116, highlighting its stock’s volatility and potential growth opportunities.
Mumbai Oxygen Investment Finance
| period | Q2 | Q1 | Quarterly growth | Q2 | annual growth |
|---|---|---|---|---|---|
| total revenue | 0 | 0 | -0% | 0 | -0% |
| Total Selling/General/Administrative Expenses | 0.13 | 0.15 | -13.55% | 0.15 | -9.07% |
| Depreciation/amortization | 0.05 | 0.05 | -0% | 0.05 | +4.12% |
| total operating expenses | 0.44 | 0.47 | -7.02% | 0.43 | +0.76% |
| operating income | -0.44 | -0.47 | +7.02% | -0.43 | -0.76% |
| net income before tax | 23.53 | 28.54 | -17.54% | 13.64 | +72.58% |
| net income | 18.45 | 26.84 | -31.27% | 11.86 | +55.49% |
| Diluted normalized earnings per share | 1229.87 | 1789.33 | -31.27% | 790.96 | +55.49% |
