Chennai Ferrous Industries declared their Q3 FY24 results on 30 Jan, 2024. The topline decreased by 51.91% & the profit increased by 112.62% YoY. As compared to the previous quarter, the revenue grew by 556.17% and the profit decreased by 54.78%.
The Selling, general & administrative expenses declined by 9.11% q-o-q & decreased by 19.75% Y-o-Y.
The operating income was down by 0.22% q-o-q & decreased by 33.14% Y-o-Y.
The EPS is ₹2.04 for Q3 FY24 which increased by 112.71% Y-o-Y.
Chennai Ferrous Industries Financials
Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 19.33 | 2.95 | +556.17% | 40.19 | -51.91% |
Selling/ General/ Admin Expenses Total | 0.27 | 0.3 | -9.11% | 0.33 | -19.75% |
Depreciation/ Amortization | 0.27 | 0.27 | -0.01% | 0.27 | -0.74% |
Total Operating Expense | 19.81 | 3.43 | +478.1% | 40.55 | -51.15% |
Operating Income | -0.48 | -0.48 | -0.22% | -0.36 | -33.14% |
Net Income Before Taxes | 0.74 | 1.63 | -54.78% | 0.35 | +112.62% |
Net Income | 0.74 | 1.63 | -54.78% | 0.35 | +112.62% |
Diluted Normalized EPS | 2.04 | 4.51 | -54.72% | 0.96 | +112.71% |
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