Salzer Electronics Q3 FY24 Results Live: Profit Rises by 28.06% YoY
Salzer Electronics Q3 FY24 Results Live: Revenue Increased by 10.08% YoY & Profit Increased by 28.06% YoY
Salzer Electronics declared their Q3 FY24 results on 08 Feb, 2024. The topline increased by 10.08% & the profit increased by 28.06% YoY. As compared to the previous quarter, the revenue declined by 3.7% and the profit increased by 34.2%.
The Selling, general & administrative expenses rose by 4.59% q-o-q & increased by 21.07% Y-o-Y.
The operating income was up by 20.88% q-o-q & increased by 25.95% Y-o-Y.
The EPS is ₹7.98 for Q3 FY24 which increased by 24.43% Y-o-Y.
Salzer Electronics has delivered 0.18% return in the last 1 week, 40.35% return in the last 6 months, and 16.63% YTD return.
Currently, Salzer Electronics has a market cap of ₹819.25 Cr and a 52wk high/low of ₹495 & ₹236 respectively.
Salzer Electronics Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 270.35 | 280.72 | -3.7% | 245.6 | +10.08% |
| Selling/ General/ Admin Expenses Total | 11.74 | 11.22 | +4.59% | 9.69 | +21.07% |
| Depreciation/ Amortization | 4.88 | 5.16 | -5.52% | 4.16 | +17.35% |
| Total Operating Expense | 244.2 | 259.09 | -5.75% | 224.84 | +8.61% |
| Operating Income | 26.15 | 21.63 | +20.88% | 20.76 | +25.95% |
| Net Income Before Taxes | 18.11 | 13.6 | +33.15% | 14.71 | +23.08% |
| Net Income | 13.2 | 9.84 | +34.2% | 10.31 | +28.06% |
| Diluted Normalized EPS | 7.98 | 5.56 | +43.53% | 6.41 | +24.43% |
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