Alankit Q3 FY24 Results Live : profit rise by 137.62% YOY
Alankit Q3 FY24 Results Live : Revenue decreased by 64.19% YoY & profit increased by 137.62% YoY
Alankit declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 64.19% & the profit increased by 137.62% YoY.
As compared to the previous quarter the revenue grew by 28.46% and the profit increased by 291.35%.
The Selling, general & administrative expenses rose by 16.48% q-o-q & increased by 13.29% Y-o-Y.
The operating income was down by 29.51% q-o-q & decreased by 79.84% Y-o-Y.
The EPS is ₹0.36 for Q3 FY24 which increased by 50% Y-o-Y.
Alankit has delivered -7.46% return in the last 1 week, 77.99% return in last 6 months and 1.36% YTD return.
Currently the Alankit has a market cap of ₹417.68 Cr and 52wk high/low of ₹23.6 & ₹7 respectively.
Alankit Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 41.58 | 32.37 | +28.46% | 116.1 | -64.19% |
| Selling/ General/ Admin Expenses Total | 13.36 | 11.47 | +16.48% | 11.8 | +13.29% |
| Depreciation/ Amortization | 1.88 | 1.91 | -1.23% | 1.97 | -4.47% |
| Total Operating Expense | 39.77 | 29.8 | +33.46% | 107.12 | -62.88% |
| Operating Income | 1.81 | 2.57 | -29.51% | 8.98 | -79.84% |
| Net Income Before Taxes | 6.88 | 4.58 | +50.17% | 1.64 | +318.24% |
| Net Income | 8.13 | 2.08 | +291.35% | 3.42 | +137.62% |
| Diluted Normalized EPS | 0.36 | 0.09 | +300% | 0.24 | +50% |
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