Goyal Aluminiums Q3 FY24 Results Live: Profit Rises by 25.62% YoY
Goyal Aluminiums Q3 FY24 Results Live: Revenue Decreased by 25.18% YoY & Profit Increased by 25.62% YoY
Goyal Aluminiums, a leading aluminium manufacturing company, declared their Q3 FY24 results on 05 Feb, 2024. The company witnessed a decrease of 25.18% in its revenue compared to the same quarter last year. However, the profit showed a significant increase of 25.62% year-on-year (YoY).
In comparison to the previous quarter, Goyal Aluminiums experienced a growth of 19.85% in revenue and a substantial increase of 42.86% in profit.
The Selling, general & administrative expenses of the company rose by 3.54% quarter-on-quarter (QoQ), but decreased by 3.93% year-on-year (YoY).
The operating income of Goyal Aluminiums showed a positive trend, increasing by 26.11% QoQ, but a decrease of 33.54% YoY.
The EPS (Earnings Per Share) for Q3 FY24 stood at ₹0.06, which exhibited a significant decrease of 83.78% YoY.
In terms of returns, Goyal Aluminiums delivered a return of 5.13% in the last 1 week, 22.75% in the last 6 months, and 3.54% year-to-date (YTD).
Currently, Goyal Aluminiums has a market capitalization of ₹146.3 Cr and its 52-week high and low are ₹47.45 and ₹7.2 respectively.
Goyal Aluminiums Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 14.85 | 12.39 | +19.85% | 19.85 | -25.18% |
| Selling/ General/ Admin Expenses Total | 0.11 | 0.1 | +3.54% | 0.11 | -3.93% |
| Depreciation/ Amortization | 0.05 | 0.03 | +48.88% | 0.15 | -68.36% |
| Total Operating Expense | 13.9 | 11.63 | +19.45% | 18.41 | -24.53% |
| Operating Income | 0.95 | 0.76 | +26.11% | 1.43 | -33.54% |
| Net Income Before Taxes | 0.93 | 0.76 | +22.39% | 1.19 | -21.98% |
| Net Income | 0.69 | 0.48 | +42.86% | 0.55 | +25.62% |
| Diluted Normalized EPS | 0.06 | 0.04 | +50% | 0.37 | -83.78% |
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