Kohinoor Foods Q2 FY24 results : loss at ₹3.6Cr, Revenue decreased by 22.48% YoY

Kohinoor Foods declared their Q2 FY24 results on 14 Nov, 2023. The topline decreased by 22.48% & the loss came at ₹3.6cr.

It is noteworthy that Kohinoor Foods had declared a profit of ₹1.75cr in the previous fiscal year same period.

As compared to the previous quarter, the revenue declined by 14.01%.

The Selling, general & administrative expenses rose by 15.13% q-o-q & increased by 15.13% Y-o-Y.

The operating income was down by 74.61% q-o-q & decreased by 47.99% Y-o-Y.

The EPS is ₹-0.97 for Q2 FY24 which decreased by 306.38% Y-o-Y.

Kohinoor Foods has delivered -4.86% return in the last 1 week, -2.18% return in the last 6 months and -30.7% YTD return.

Currently, Kohinoor Foods has a market cap of ₹141.43 Cr and 52wk high/low of ₹83.95 & ₹28.35 respectively.