Spectrum Foods Q3 FY24 Results Live: Profit Rise by 47.27% YoY
Spectrum Foods Q3 FY24 Results Live: Revenue Increased by 39.32% YoY & Profit Increased by 47.27% YoY
Spectrum Foods declared their Q3 FY24 results on 08 Jan, 2024. The topline increased by 39.32% & the profit increased by 47.27% YoY.
As compared to the previous quarter, the revenue grew by 1.48% and the profit decreased by 54.12%.
The Selling, general & administrative expenses declined by 10.08% q-o-q & increased by 28.68% Y-o-Y.
The operating income was down by 54.1% q-o-q & increased by 36.61% Y-o-Y.
The EPS is ₹3.12 for Q3 FY24, which increased by 47.29% Y-o-Y.
Spectrum Foods has delivered 16.88% return in the last 1 week, 21.52% return in the last 6 months, and 21.87% YTD return.
Currently, Spectrum Foods has a market cap of ₹29.08 Cr and a 52wk high/low of ₹89.8 & ₹32.95 respectively.
Spectrum Foods Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 5.12 | 5.05 | +1.48% | 3.68 | +39.32% |
| Selling/ General/ Admin Expenses Total | 0.1 | 0.12 | -10.08% | 0.08 | +28.68% |
| Depreciation/ Amortization | 0.25 | 0.25 | -0.17% | 0.28 | -13.47% |
| Total Operating Expense | 3.6 | 1.73 | +107.79% | 2.56 | +40.49% |
| Operating Income | 1.52 | 3.31 | -54.1% | 1.11 | +36.61% |
| Net Income Before Taxes | 1.51 | 3.3 | -54.12% | 1.03 | +47.27% |
| Net Income | 1.51 | 3.3 | -54.12% | 1.03 | +47.27% |
| Diluted Normalized EPS | 3.12 | 6.81 | -54.11% | 2.12 | +47.29% |
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