Teamo Productions Headquarters Q4 FY24 Results Live: Profit Surges by 142.44% Year-Over-Year

Teamo Productions HQ announced their Q4 FY24 results on 10 Apr, 2024, revealing a significant decrease in revenue by 69.49% year-over-year. Despite the decline in revenue, the company saw a remarkable increase in profit by 142.44% year-over-year, indicating operational efficiency. Quarter-over-quarter, Teamo Productions HQ witnessed a decrease in revenue by 11.64% but a substantial increase in profit by 1684.86%.

The Selling, general & administrative expenses showed an increase of 4.76% quarter-over-quarter and a significant rise of 587.95% year-over-year. Operating income also saw remarkable growth, with a 1861.3% increase quarter-over-quarter and a staggering 9413.15% increase year-over-year, showcasing strong financial performance. The Earnings Per Share (EPS) for Q4 FY24 is ₹0.04, reflecting a decrease of 41.63% year-over-year.

In terms of market performance, Teamo Productions HQ delivered -7.69% return in the last 1 week, -4.38% return in the last 6 months, and a positive 9.09% year-to-date return. Currently, the company has a market capitalization of ₹103.35 Cr and a 52-week high/low of ₹3.31 & ₹0.91 respectively, indicating its market position.

Teamo Productions HQ reported a net income of ₹3.47 Cr in Q4 FY24 and revenue of ₹114.6 Cr. The company has shown growth in profit despite the decline in revenue, demonstrating its ability to maintain profitability in challenging market conditions. Investors and stakeholders will be watching closely to see how Teamo Productions HQ navigates the changing business landscape in the upcoming quarters.