Ashapura Minechem Q3 FY24 Results Live: Profit Rises by 71.99% YoY
Ashapura Minechem Q3 FY24 Results Live: Revenue Increased by 33.27% YoY & Profit Increased by 71.99% YoY
Ashapura Minechem declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 33.27% and the profit increased by 71.99% YoY.
Compared to the previous quarter, the revenue grew by 28.7% and the profit decreased by 5.02%.
The operating income was up by 227.21% q-o-q and increased by 74.92% YoY.
The EPS for Q3 FY24 is ₹2.95, which decreased by 17.59% YoY.
Ashapura Minechem has delivered -10.25% return in the last 1 week, 51.78% return in the last 6 months, and -13.46% YTD return.
Currently, Ashapura Minechem has a market cap of ₹3333.3 Cr and a 52wk high/low of ₹483.2 and ₹96.65 respectively.
Ashapura Minechem Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 713.1 | 554.07 | +28.7% | 535.07 | +33.27% |
| Depreciation/ Amortization | 20.05 | 19.32 | +3.79% | 17.64 | +13.65% |
| Total Operating Expense | 642.73 | 532.56 | +20.69% | 494.84 | +29.89% |
| Operating Income | 70.38 | 21.51 | +227.21% | 40.23 | +74.92% |
| Net Income Before Taxes | 54.02 | 31.27 | +72.76% | 40.35 | +33.89% |
| Net Income | 56.35 | 59.33 | -5.02% | 32.76 | +71.99% |
| Diluted Normalized EPS | 2.95 | 5.31 | -44.43% | 3.58 | -17.59% |
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