Lancer Container Lines Q2 FY24 results: profit falls by 10.43% YOY
Lancer Container Lines Q2 FY24 results: Revenue decreased by 26.83% YoY & profit decreased by 10.43% YoY
Lancer Container Lines declared their Q2 FY24 results on 08 Nov, 2023. The topline decreased by 26.83% & the profit decreased by 10.43% YoY. As compared to the previous quarter the revenue grew by 1.26% and the profit increased by 0.62%.
The Selling, general & administrative expenses rose by 3.59% q-o-q & increased by 12.36% Y-o-Y.
The operating income was down by 8.84% q-o-q & decreased by 18.29% Y-o-Y.
The EPS is ₹2.25 for Q2 FY24 which increased by 216.15% Y-o-Y.
Lancer Container Lines has delivered 0% return in the last 1 week, 0% return in last 6 months and -33.79% YTD return.
Currently the Lancer Container Lines has a market cap of ₹315.09 Cr and 52wk high/low of ₹86.33 & ₹44.18 respectively.
Lancer Container Lines Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 166.33 | 164.25 | +1.26% | 227.32 | -26.83% |
| Selling/ General/ Admin Expenses Total | 3.87 | 3.73 | +3.59% | 3.44 | +12.36% |
| Depreciation/ Amortization | 7.51 | 9.69 | -22.48% | 3.87 | +94.09% |
| Total Operating Expense | 149.52 | 145.81 | +2.54% | 206.75 | -27.68% |
| Operating Income | 16.81 | 18.44 | -8.84% | 20.57 | -18.29% |
| Net Income Before Taxes | 17.83 | 16.91 | +5.44% | 19.59 | -8.98% |
| Net Income | 14.21 | 14.12 | +0.62% | 15.86 | -10.43% |
| Diluted Normalized EPS | 2.25 | 0.67 | +234.15% | 0.71 | +216.15% |
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