Pioneer Embroideries Q3 FY24 Results Live: Profit Falls by 81.32% YoY
Pioneer Embroideries Q3 FY24 Results Live: Revenue Increased by 29.32% YoY & Profit Decreased by 81.32% YoY
Pioneer Embroideries declared their Q3 FY24 results on 02 Feb, 2024. The topline increased by 29.32% & the profit decreased by 81.32% YoY.
As compared to the previous quarter, the revenue grew by 3.4% and the profit decreased by 75.63%.
The Selling, general & administrative expenses declined by 4.88% q-o-q & increased by 12.34% Y-o-Y.
The operating income was up by 83.6% q-o-q & increased by 546.33% Y-o-Y.
The EPS is ₹0.01 for Q3 FY24 which decreased by 83.33% Y-o-Y.
Pioneer Embroideries has delivered -3.99% return in the last 1 week, 32.07% return in the last 6 months, and 12.23% YTD return.
Currently, Pioneer Embroideries has a market cap of ₹146.07 Cr and a 52wk high/low of ₹67 & ₹26.3 respectively.
Pioneer Embroideries Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 85.32 | 82.51 | +3.4% | 65.97 | +29.32% |
| Selling/ General/ Admin Expenses Total | 9.35 | 9.83 | -4.88% | 8.32 | +12.34% |
| Depreciation/ Amortization | 3.31 | 3.1 | +6.71% | 2.1 | +57.45% |
| Total Operating Expense | 82.63 | 81.05 | +1.96% | 65.56 | +26.04% |
| Operating Income | 2.68 | 1.46 | +83.6% | 0.42 | +546.33% |
| Net Income Before Taxes | 0.04 | 0.06 | -37.04% | 0.24 | -82.64% |
| Net Income | 0.03 | 0.14 | -75.63% | 0.18 | -81.32% |
| Diluted Normalized EPS | 0.01 | 0.05 | -80.31% | 0.06 | -83.33% |
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