Indo Borax Chemicals Q3 FY24 Results Live: profit falls by 39.92% YOY

Indo Borax Chemicals Q3 FY24 Results Live: Revenue decreased by 20.41% YoY & profit decreased by 39.92% YoY

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Published16 Feb 2024, 03:06 AM IST
Indo Borax Chemicals Q3 FY24 Results Live
Indo Borax Chemicals Q3 FY24 Results Live

Indo Borax Chemicals declared their Q3 FY24 results on 13 Feb, 2024. The topline decreased by 20.41% & the profit decreased by 39.92% YoY. As compared to the previous quarter the revenue declined by 5.85% and the profit decreased by 7.83%.

The Selling, general & administrative expenses declined by 0.56% q-o-q & decreased by 22.2% Y-o-Y.

The operating income was down by 10.23% q-o-q & decreased by 50.55% Y-o-Y.

The EPS is 2.56 for Q3 FY24 which decreased by 40.05% Y-o-Y.

Indo Borax Chemicals has delivered -4.13% return in the last 1 week, 11.16% return in last 6 months and -16.33% YTD return.

Currently the Indo Borax Chemicals has a market cap of 610.67 Cr and 52wk high/low of 238 & 96.45 respectively.

Indo Borax Chemicals Financials

PeriodQ3 FY24Q2 FY24Q-o-Q GrowthQ3 FY23Y-o-Y Growth
Total Revenue44.0646.8-5.85%55.36-20.41%
Selling/ General/ Admin Expenses Total2.862.88-0.56%3.68-22.2%
Depreciation/ Amortization0.570.57-0.05%0.46+23.77%
Total Operating Expense35.4537.2-4.72%37.95-6.58%
Operating Income8.619.6-10.23%17.42-50.55%
Net Income Before Taxes11.3512.29-7.61%19.36-41.35%
Net Income8.238.93-7.83%13.7-39.92%
Diluted Normalized EPS2.562.78-7.91%4.27-40.05%
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Business NewsCompaniesCompany ResultsIndo Borax Chemicals Q3 FY24 Results Live: profit falls by 39.92% YOY
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First Published:16 Feb 2024, 03:06 AM IST
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