Lords Chloro Alkali Q3 FY24 results : loss at ₹3.2Cr, Revenue decreased by 21.74% YoY
Lords Chloro Alkali Q3 FY24 results : Revenue decreased by 21.74% YoY & loss at ₹3.2Cr
Lords Chloro Alkali announced their Q3 FY24 results on 22 Feb, 2024, revealing a decrease in revenue by 21.74% year-on-year, with a loss of ₹3.2 crore.
In the same period of the previous fiscal year, Lords Chloro Alkali had reported a profit of ₹12.82 crore.
However, there was a quarter-on-quarter revenue growth of 20.86%.
The company witnessed a 7.76% increase in Selling, general & administrative expenses sequentially, and a 1.89% rise year-on-year.
Operating income took a hit with a 30.3% decrease quarter-on-quarter and a significant 121.89% decrease year-on-year.
The Earnings Per Share (EPS) for Q3 FY24 stands at ₹-1.27, marking a 124.9% decrease year-on-year.
In terms of returns, Lords Chloro Alkali saw -2.78% return in the last week, -15.45% return in the last 6 months, and -24.02% Year-to-Date return.
Currently, the market capitalization of Lords Chloro Alkali is ₹325.49 crore, with a 52-week high/low of ₹236.95 and ₹127 respectively.
Lords Chloro Alkali Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 58.16 | 48.12 | +20.86% | 74.31 | -21.74% |
| Selling/ General/ Admin Expenses Total | 39.19 | 36.37 | +7.76% | 38.46 | +1.89% |
| Depreciation/ Amortization | 2.37 | 2.21 | +6.93% | 2.06 | +14.65% |
| Total Operating Expense | 62.18 | 51.21 | +21.43% | 55.93 | +11.18% |
| Operating Income | -4.03 | -3.09 | -30.3% | 18.39 | -121.89% |
| Net Income Before Taxes | -4.27 | -2.82 | -51.52% | 18.01 | -123.71% |
| Net Income | -3.2 | -1.22 | -162.27% | 12.82 | -124.98% |
| Diluted Normalized EPS | -1.27 | -0.49 | -159.18% | 5.1 | -124.9% |
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