Hindustan Adhesives Q3 FY24 results: profit at ₹4.55Cr, Revenue decreased by 7.44% YoY
Hindustan Adhesives Q3 FY24 results: Revenue decreased by 7.44% YoY & profit at ₹4.55Cr
Hindustan Adhesives declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 7.44% & the profit came at ₹4.55cr. It is noteworthy that Hindustan Adhesives had declared a loss of ₹1.08cr in the previous fiscal year same period.
As compared to the previous quarter, the revenue declined by 13.28%.
The Selling, general & administrative expenses declined by 1.65% q-o-q & decreased by 6.47% Y-o-Y.
The operating income was up by 21.95% q-o-q & increased by 3471.43% Y-o-Y.
The EPS is ₹8.89 for Q3 FY24, which increased by 521.33% Y-o-Y.
Hindustan Adhesives has delivered a 10.62% return in the last 1 week, 19.09% return in the last 6 months, and 13.06% YTD return.
Currently, Hindustan Adhesives has a market cap of ₹189.74 Cr and a 52wk high/low of ₹378.1 & ₹172 respectively.
Hindustan Adhesives Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 70.34 | 81.11 | -13.28% | 75.99 | -7.44% |
| Selling/ General/ Admin Expenses Total | 5.35 | 5.44 | -1.65% | 5.72 | -6.47% |
| Depreciation/ Amortization | 2.12 | 2.07 | +2.42% | 2.97 | -28.62% |
| Total Operating Expense | 62.84 | 74.96 | -16.17% | 75.78 | -17.08% |
| Operating Income | 7.5 | 6.15 | +21.95% | 0.21 | +3471.43% |
| Net Income Before Taxes | 7.14 | 5.62 | +27.05% | -1.39 | +613.67% |
| Net Income | 4.55 | 3.87 | +17.57% | -1.08 | +521.3% |
| Diluted Normalized EPS | 8.89 | 7.56 | +17.59% | -2.11 | +521.33% |
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