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Written by 1:53 am Sustainable Manufacturing

Marsons Q2 Results Live: Profit Rises by 1550.06% YOY

Marsons Q2 Results Live : Marsons declared their Q2 results on October 25, 2024, showcasing an extraordinary performance with a topline increase of 2036.27% year-over-year, while profits surged by an astonishing 1550.06%.

In comparison to the previous quarter, Marsons experienced a revenue growth of 28.9% and a profit increase of 42.6%, indicating strong operational momentum.

However, the company faced rising Selling, General & Administrative expenses, which rose by 62.96% quarter-over-quarter and 49.35% year-over-year, reflecting increased operational costs.

The operating income also saw a significant boost, up by 15.69% from the previous quarter and a staggering 1594.8% year-over-year, showcasing Marsons’ improved efficiency.

Earnings per share (EPS) for Q2 stood at 0.43, marking a remarkable increase of 1229.62% year-over-year, further highlighting the company’s robust financial health.

Despite delivering a -21.67% return over the last week, Marsons has achieved a remarkable 375.73% return in the last six months and an astounding 2808.39% year-to-date return.

Currently, Marsons holds a market capitalization of 3879.13 crore, with a 52-week high of 356 and a low of 5.69, demonstrating significant growth potential.

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