Modi Naturals Q3 FY24 results : loss at ₹4.19Cr, Revenue decreased by 8.42% YoY
Modi Naturals Q3 FY24 results : Revenue decreased by 8.42% YoY & loss at ₹4.19Cr
Modi Naturals declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 8.42% & the loss came at ₹4.19cr. It is noteworthy that Modi Naturals had declared profit of ₹0.01cr in previous fiscal year same period. As compared to the previous quarter the revenue grew by 13.72%.
The Selling, general & administrative expenses rose by 8.65% q-o-q & increased by 12.75% Y-o-Y.
The operating income was down by 257.31% q-o-q & decreased by 705.12% Y-o-Y.
The EPS is ₹-3.15 for Q3 FY24 which decreased by 31600% Y-o-Y.
Modi Naturals has delivered -1.49% return in the last 1 week, 23.78% return in last 6 months and 16.3% YTD return.
Currently the Modi Naturals has a market cap of ₹387.81 Cr and 52wk high/low of ₹341 & ₹191.05 respectively.
Modi Naturals Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 104.47 | 91.86 | +13.72% | 114.07 | -8.42% |
| Selling/ General/ Admin Expenses Total | 6.68 | 6.15 | +8.65% | 5.93 | +12.75% |
| Depreciation/ Amortization | 1.72 | 0.39 | +342.32% | 0.39 | +346.33% |
| Total Operating Expense | 107.44 | 89.97 | +19.42% | 113.58 | -5.41% |
| Operating Income | -2.98 | 1.89 | -257.31% | 0.49 | -705.12% |
| Net Income Before Taxes | -4.92 | 0.9 | -645.48% | 0.01 | -40722.31% |
| Net Income | -4.19 | 0.76 | -653.54% | 0.01 | -34707.44% |
| Diluted Normalized EPS | -3.15 | 0.6 | -625% | 0.01 | -31600% |
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