Nirlon Q3 FY24 Results Live: Profit Falls by 2.66% YoY
Nirlon Q3 FY24 Results Live: Revenue increased by 5.82% YoY & profit decreased by 2.66% YoY
Nirlon declared their Q3 FY24 results on 12 Feb, 2024. The topline increased by 5.82% & the profit decreased by 2.66% YoY. As compared to the previous quarter, the revenue grew by 1.79% and the profit decreased by 0.71%.
The Selling, general & administrative expenses declined by 2.54% q-o-q & decreased by 2.28% Y-o-Y.
The operating income was down by 0.21% q-o-q & decreased by 2.99% Y-o-Y.
The EPS is ₹5.78 for Q3 FY24 which decreased by 2.69% Y-o-Y.
Nirlon has delivered -1.41% return in the last 1 week, 6.1% return in the last 6 months, and 5.92% YTD return.
Currently, Nirlon has a market cap of ₹3932.3 Cr and a 52wk high/low of ₹475.05 & ₹337.95 respectively.
Nirlon Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 152.09 | 149.42 | +1.79% | 143.72 | +5.82% |
| Selling/ General/ Admin Expenses Total | 1.32 | 1.35 | -2.54% | 1.35 | -2.28% |
| Depreciation/ Amortization | 14.05 | 13.89 | +1.12% | 13.39 | +4.95% |
| Total Operating Expense | 76.75 | 73.93 | +3.82% | 66.06 | +16.19% |
| Operating Income | 75.34 | 75.49 | -0.21% | 77.66 | -2.99% |
| Net Income Before Taxes | 76.58 | 76.69 | -0.15% | 78.25 | -2.14% |
| Net Income | 52.11 | 52.48 | -0.71% | 53.54 | -2.66% |
| Diluted Normalized EPS | 5.78 | 5.82 | -0.75% | 5.94 | -2.69% |
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