CG VAK Software & Exports Q1 Results Live : CG VAK Software & Exports declared their Q1 results on 09 Aug, 2024. The company’s topline has seen a significant decrease of 12.17% year-over-year (YoY), while the profit has plummeted by 44.67% YoY. When compared to the previous quarter, revenue declined by 2.43%, and profit decreased by 3.48%.
The company managed to reduce its Selling, General & Administrative (SG&A) expenses by 1.62% quarter-over-quarter (q-o-q) and by 4.77% year-over-year (Y-o-Y). Despite these cost-cutting measures, the operating income saw a minor increase of 4.51% q-o-q but a substantial decrease of 47.16% Y-o-Y.
Earnings per Share (EPS) for Q1 stood at ₹3.46, reflecting a decline of 44.64% YoY. This significant drop in EPS is indicative of the challenging market conditions the company is currently facing.
CG VAK Software & Exports has delivered a return of 6.63% in the last week, but has seen a -26.61% return over the last 6 months and a -23.13% Year-to-Date (YTD) return. These figures highlight the volatility and the challenges the company has faced in recent times.
As of now, CG VAK Software & Exports has a market capitalization of ₹192.87 Cr. The company’s stock has a 52-week high of ₹624 and a 52-week low of ₹290, indicating a wide range of price fluctuations over the past year.
CG VAK Software & Exports Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 18.23 | 18.69 | -2.43% | 20.76 | -12.17% |
| Selling/ General/ Admin Expenses Total | 14.38 | 14.61 | -1.62% | 15.1 | -4.77% |
| Depreciation/ Amortization | 0.41 | 0.41 | +0.59% | 0.47 | -13.09% |
| Total Operating Expense | 16.07 | 16.62 | -3.29% | 16.67 | -3.58% |
| Operating Income | 2.16 | 2.07 | +4.51% | 4.09 | -47.16% |
| Net Income Before Taxes | 2.34 | 2.55 | -7.91% | 4.23 | -44.55% |
| Net Income | 1.75 | 1.81 | -3.48% | 3.16 | -44.67% |
| Diluted Normalized EPS | 3.46 | 3.54 | -2.26% | 6.25 | -44.64% |
