Chennai Ferrous Industries Q3 FY24 Results Live : profit rise by 112.62% YOY

Chennai Ferrous Industries Q3 FY24 Results Live : Revenue decreased by 51.91% YoY & profit increased by 112.62% YoY

Livemint
Published1 Feb 2024, 02:26 AM IST
Chennai Ferrous Industries Q3 FY24 Results Live
Chennai Ferrous Industries Q3 FY24 Results Live

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

PeriodQ3 FY24Q2 FY24Q-o-Q GrowthQ3 FY23Y-o-Y Growth
Total Revenue19.332.95+556.17%40.19-51.91%
Selling/ General/ Admin Expenses Total0.270.3-9.11%0.33-19.75%
Depreciation/ Amortization0.270.27-0.01%0.27-0.74%
Total Operating Expense19.813.43+478.1%40.55-51.15%
Operating Income-0.48-0.48-0.22%-0.36-33.14%
Net Income Before Taxes0.741.63-54.78%0.35+112.62%
Net Income0.741.63-54.78%0.35+112.62%
Diluted Normalized EPS2.044.51-54.72%0.96+112.71%
Stay updated on quarterly results with our results calendar

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsCompaniesCompany ResultsChennai Ferrous Industries Q3 FY24 Results Live : profit rise by 112.62% YOY
MoreLess
FAQs
₹0.74Cr
₹19.33Cr