Garg Furnace Q3 FY24 Results Live: Profit Rise by 219.99% YoY
Garg Furnace Q3 FY24 Results Live: Revenue increased by 22.51% YoY & profit increased by 219.99% YoY
Garg Furnace declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 22.51% & the profit increased by 219.99% YoY. As compared to the previous quarter, the revenue grew by 9.25% and the profit increased by 232.34%.
The Selling, general & administrative expenses rose by 24.03% q-o-q & decreased by 15.3% Y-o-Y.
The operating income was up by 221.38% q-o-q & increased by 228.87% Y-o-Y.
The EPS is ₹4.25 for Q3 FY24 which increased by 219.55% Y-o-Y.
Garg Furnace has delivered 20.38% return in the last 1 week, 144.99% return in the last 6 months, and 25.39% YTD return.
Currently, Garg Furnace has a market cap of ₹131.75 Cr and a 52wk high/low of ₹328.65 & ₹37 respectively.
Garg Furnace Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 65.4 | 59.86 | +9.25% | 53.38 | +22.51% |
| Selling/ General/ Admin Expenses Total | 0.43 | 0.35 | +24.03% | 0.51 | -15.3% |
| Depreciation/ Amortization | 0.4 | 0.39 | +2.49% | 0.36 | +12.56% |
| Total Operating Expense | 63.73 | 59.34 | +7.4% | 52.87 | +20.54% |
| Operating Income | 1.67 | 0.52 | +221.38% | 0.51 | +228.87% |
| Net Income Before Taxes | 1.7 | 0.51 | +232.34% | 0.53 | +219.99% |
| Net Income | 1.7 | 0.51 | +232.34% | 0.53 | +219.99% |
| Diluted Normalized EPS | 4.25 | 1.28 | +232.03% | 1.33 | +219.55% |
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