East India Drums & Barrels Manufacturing Q1 Results, Total Income Reaches ₹5,641.70 Lakhs with Profit of ₹81.59 Lakhs

East India Drums & Barrels Manufacturing Q1 Results: East India Drums & Barrels Manufacturing announced its Q1 results for the 2024-2025 fiscal year on September 28, 2024. The company reported a revenue of ₹5,641.70 lakhs, which reflects a substantial increase of 29.02% compared to the previous quarter (Q4 2023-2024), where they earned ₹4,374.08 lakhs.

However, when looking at the year-over-year (YoY) results, you’ll notice that this revenue shows a decrease of 60.54% from ₹14,286.30 lakhs in Q1 2023-2024. This highlights the impact of changing market conditions on their performance.

In terms of profits, East India Drums & Barrels posted a profit of ₹81.59 lakhs for Q1 2024-2025, showing a significant improvement from a loss of ₹1,475.64 lakhs in the previous quarter (Q4 2023-2024). Year-over-year (YoY), this profit reflects a sharp decline from ₹1,475.64 lakhs in Q1 2023-2024, indicating challenges faced in the past year.

Additionally, you’ll see that the earnings per equity share for Q1 2024-2025 stood at ₹0.55, compared to ₹6.59 in the same quarter last year, which marks a significant drop. Overall, while the quarterly performance (QoQ) shows positive growth, the year-over-year (YoY) comparisons suggest that the company still has hurdles to overcome in the upcoming quarters.

For More Q1 results check our Twitter Page

East India Drums & Barrels Manufacturing Q1 Results 2024 - 2025

Here are the Q1 results for East India Drums & Barrels Manufacturing for the fiscal year 2024-2025.

Source: Click Here

East India Drums & Barrels Manufacturing Current Market Overview

East India Drums & Barrels Manufacturing is currently trading at ₹3.57, showing a 5.00% increase in its stock price. The company's market capitalization stands at ₹5.27 crore, indicating its overall value in the stock market. The stock has a Price-to-Earnings (P/E) ratio of 8.78, suggesting that it may be reasonably priced compared to its earnings.

However, the book value is negative at ₹-3.57, which means the company has more liabilities than assets. Additionally, there is no dividend yield at this time, meaning it does not pay dividends to shareholders. Overall, while the stock price has seen some growth, there are challenges regarding its financial health that investors should consider.

Quarterly Results

Here are the quarterly results for East India Drums & Barrels Manufacturing for the last three quarters: December 2023, March 2024, and June 2024.

About East India Drums & Barrels Manufacturing

East India Drums & Barrels Manufacturing is a leading company that specializes in producing high-quality drums and barrels. Established in 2013, the company has built a strong reputation for being a reliable supplier in the industry.

With its main office located in India, East India Drums & Barrels caters to a wide range of clients around the world. The company focuses on innovation and has a dedicated in-house technology and product packaging center that designs new products to meet customer needs.

Their success is driven by a knowledgeable team, timely deliveries, and a variety of packaging solutions, supported by strategically located manufacturing facilities in Daman, Karjat, and Sonipat.

Visit our website for more Q1 results.