KPR Mill Q4 profit up 1.94% YoY

KPR Mill reported mixed results for Q4 2024. Revenue fell 12.97 per cent year-over-year to Rs 1696.72 crore, but profit rose 1.94 per cent YoY to Rs 213.61 crore.  This comes despite a 36.69 per cent increase in revenue compared to the previous quarter. Operating expenses saw a significant decline of 15.78 per cent YoY, with selling, general & administrative expenses down slightly compared to the last quarter.

This helped offset the revenue decrease and maintain profit growth. Earnings per share (EPS) also rose slightly to Rs 6.25. Looking ahead, analyst sentiment remains bullish. As of May 4th, 2024, a strong buy recommendation dominated with 4 out of 7 analysts favoring this outlook.

The company's stock price has seen some volatility, with a -2.8 per cent return in the last week but a positive 8.68 per cent return for the past 6 months.