Saurashtra Cement Q3 FY24 results: profit at ₹12.57Cr, Revenue increased by 88.2% YoY
Saurashtra Cement Q3 FY24 results: Revenue increased by 88.2% YoY & profit at ₹12.57Cr
Saurashtra Cement declared their Q3 FY24 results on 12 Feb, 2024. The topline increased by 88.2% & the profit came at ₹12.57cr. It is noteworthy that Saurashtra Cement had declared a loss of ₹6.09cr in the previous fiscal year same period. As compared to the previous quarter, the revenue grew by 19.16%.
The Selling, general & administrative expenses rose by 17.8% q-o-q and increased by 80.27% Y-o-Y.
The operating income was up by 6539.32% q-o-q and increased by 343.36% Y-o-Y.
The EPS is ₹2 for Q3 FY24, which increased by 330.41% Y-o-Y.
Saurashtra Cement has delivered -0.94% return in the last 1 week, 49.76% return in the last 6 months, and 14.2% YTD return.
Currently, Saurashtra Cement has a market cap of ₹1239.27 Cr and a 52wk high/low of ₹116.95 & ₹48.02 respectively.
Saurashtra Cement Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 446.69 | 374.86 | +19.16% | 237.36 | +88.2% |
| Selling/ General/ Admin Expenses Total | 105.13 | 89.25 | +17.8% | 58.32 | +80.27% |
| Depreciation/ Amortization | 10.08 | 10.14 | -0.56% | 6.9 | +46.13% |
| Total Operating Expense | 429.02 | 375.13 | +14.37% | 244.62 | +75.39% |
| Operating Income | 17.67 | -0.27 | +6539.32% | -7.26 | +343.36% |
| Net Income Before Taxes | 19.89 | 0.7 | +2747.34% | -5.53 | +459.4% |
| Net Income | 12.57 | 0.73 | +1618.31% | -6.09 | +306.52% |
| Diluted Normalized EPS | 2 | 0.1 | +1941.9% | -0.87 | +330.41% |
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