Gokak Textiles Q3 FY24 Results Live: Loss Falls by 19.45% YoY
Gokak Textiles Q3 FY24 Results Live: Revenue increased by 0.23% YoY & loss decreased by 19.45% YoY
Gokak Textiles declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 0.23% & the loss decreased by 19.45% YoY. As compared to the previous quarter, the revenue declined by 39.01% and the loss increased by 418.71%.
The Selling, general & administrative expenses declined by 3.37% q-o-q & increased by 15.14% Y-o-Y.
The operating income was down by 255.94% q-o-q & decreased by 11.59% Y-o-Y.
The EPS is ₹-12.96 for Q3 FY24 which increased by 19.45% Y-o-Y.
Gokak Textiles has delivered -1.09% return in the last 1 week, 243.9% return in last 6 months and 11.56% YTD return.
Currently, Gokak Textiles has a market cap of ₹70.87 Cr and 52wk high/low of ₹145.66 & ₹17.19 respectively.
Gokak Textiles Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 19.44 | 31.87 | -39.01% | 19.4 | +0.23% |
| Selling/ General/ Admin Expenses Total | 7.39 | 7.65 | -3.37% | 6.42 | +15.14% |
| Depreciation/ Amortization | 1.46 | 1.46 | -0.08% | 1.49 | -2.25% |
| Total Operating Expense | 26.27 | 27.5 | -4.46% | 25.52 | +2.95% |
| Operating Income | -6.83 | 4.38 | -255.94% | -6.12 | -11.59% |
| Net Income Before Taxes | -8.95 | 2.26 | -495.89% | -9.81 | +8.82% |
| Net Income | -8.42 | 2.64 | -418.71% | -10.46 | +19.45% |
| Diluted Normalized EPS | -12.96 | -10.39 | -24.72% | -16.09 | +19.45% |
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