Facor Alloys Q1 FY24 results: loss at ₹8.05Cr, Revenue increased by 58.8% YoY
Facor Alloys Q1 FY24 results: Revenue increased by 58.8% YoY & loss at ₹8.05Cr
Facor Alloys declared their Q1 FY24 results on 12 Oct, 2023. The topline increased by 58.8% & the loss came at ₹8.05cr. It is noteworthy that Facor Alloys had declared profit of ₹1.91cr in the previous fiscal year same period. As compared to the previous quarter, the revenue declined by 8.09%.
The Selling, general & administrative expenses rose by 5.24% q-o-q & decreased by 3.84% Y-o-Y.
The operating income was up by 13.76% q-o-q & decreased by 773.09% Y-o-Y.
The EPS is ₹-0.16 for Q1 FY24 which decreased by 258.79% Y-o-Y.
Facor Alloys has delivered 16.6% return in the last 1 week, 27.07% return in the last 6 months, and 8.65% YTD return.
Currently, Facor Alloys has a market cap of ₹174.43 Cr and a 52wk high/low of ₹10.9 & ₹6 respectively.
Facor Alloys Financials
| Period | Q1 FY24 | Q4 FY23 | Q-o-Q Growth | Q1 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 98.16 | 106.81 | -8.09% | 61.82 | +58.8% |
| Selling/ General/ Admin Expenses Total | 4.39 | 4.17 | +5.24% | 4.57 | -3.84% |
| Depreciation/ Amortization | 0.69 | 0.52 | +32.23% | 0.54 | +25.97% |
| Total Operating Expense | 111.15 | 121.86 | -8.79% | 59.89 | +85.6% |
| Operating Income | -12.98 | -15.05 | +13.76% | 1.93 | -773.09% |
| Net Income Before Taxes | -10.94 | -13.1 | +16.54% | 2.41 | -553.23% |
| Net Income | -8.05 | -12.7 | +36.61% | 1.91 | -521.72% |
| Diluted Normalized EPS | -0.16 | 0.07 | -318.3% | 0.1 | -258.79% |
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