Kirloskar Electric Company Q3 FY24 Results Live : profit falls by 55.33% YOY
Kirloskar Electric Company Q3 FY24 Results Live : Revenue increased by 8.92% YoY & profit decreased by 55.33% YoY
Kirloskar Electric Company declared their Q3 FY24 results on 12 Feb, 2024. The topline increased by 8.92% & the profit decreased by 55.33% YoY. As compared to the previous quarter, the revenue declined by 13.16% and the profit decreased by 71.62%.
The Selling, general & administrative expenses rose by 9.63% q-o-q & increased by 20.09% Y-o-Y.
The operating income was down by 59.64% q-o-q & decreased by 30.22% Y-o-Y.
The EPS is ₹0.23 for Q3 FY24 which decreased by 54.9% Y-o-Y.
Kirloskar Electric Company has delivered -19.54% return in the last 1 week, -0.21% return in the last 6 months, and 4.88% YTD return.
Currently, Kirloskar Electric Company has a market cap of ₹771.07 Cr and a 52wk high/low of ₹163.95 & ₹64.9 respectively.
Kirloskar Electric Company Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 126.07 | 145.18 | -13.16% | 115.75 | +8.92% |
| Selling/ General/ Admin Expenses Total | 20.38 | 18.59 | +9.63% | 16.97 | +20.09% |
| Depreciation/ Amortization | 1.22 | 1.28 | -4.69% | 1.23 | -0.81% |
| Total Operating Expense | 121.59 | 134.08 | -9.32% | 109.33 | +11.21% |
| Operating Income | 4.48 | 11.1 | -59.64% | 6.42 | -30.22% |
| Net Income Before Taxes | 1.51 | 5.32 | -71.62% | 3.38 | -55.33% |
| Net Income | 1.51 | 5.32 | -71.62% | 3.38 | -55.33% |
| Diluted Normalized EPS | 0.23 | 0.8 | -71.25% | 0.51 | -54.9% |
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