Indian Metals & Ferro Alloys Q3 FY24 Results Live: Profit Rises by 899.91% YoY

Indian Metals & Ferro Alloys Q3 FY24 Results Live: Revenue Increased by 9.89% YoY & Profit Increased by 899.91% YoY

Livemint
Published1 Feb 2024, 02:25 AM IST
Indian Metals & Ferro Alloys Q3 FY24 Results Live
Indian Metals & Ferro Alloys Q3 FY24 Results Live

Indian Metals & Ferro Alloys declared their Q3 FY24 results on 30 Jan, 2024. The topline increased by 9.89% & the profit increased by 899.91% YoY. Compared to the previous quarter, the revenue declined by 1.06% and the profit increased by 21.89%.

The Selling, General & Administrative expenses rose by 9.21% q-o-q and increased by 28.94% YoY.

The operating income was up by 11.58% q-o-q and increased by 497.01% YoY.

The EPS is 20.15 for Q3 FY24, which increased by 535.81% YoY.

Indian Metals & Ferro Alloys has delivered a 17.57% return in the last 1 week, 59.57% return in the last 6 months, and 17.5% YTD return.

Currently, Indian Metals & Ferro Alloys has a market cap of 3165.76 Cr and a 52wk high/low of 621 & 268.55 respectively.

Indian Metals & Ferro Alloys Financials

PeriodQ3 FY24Q2 FY24Q-o-Q GrowthQ3 FY23Y-o-Y Growth
Total Revenue685.27692.61-1.06%623.62+9.89%
Selling/ General/ Admin Expenses Total55.2550.59+9.21%42.85+28.94%
Depreciation/ Amortization14.7225.68-42.68%27.6-46.67%
Total Operating Expense541.69563.93-3.94%599.57-9.65%
Operating Income143.58128.68+11.58%24.05+497.01%
Net Income Before Taxes145.58123.15+18.21%16.73+770.17%
Net Income108.6989.17+21.89%10.87+899.91%
Diluted Normalized EPS20.1516.53+21.9%3.17+535.81%
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₹108.69Cr
₹685.27Cr
First Published:1 Feb 2024, 02:25 AM IST
Business NewsCompaniesCompany ResultsIndian Metals & Ferro Alloys Q3 FY24 Results Live: Profit Rises by 899.91% YoY

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