Synergy Green Industries Q3 FY24 results : profit at ₹2.61Cr, Revenue increased by 30.09% YoY
Synergy Green Industries Q3 FY24 results : Revenue increased by 30.09% YoY & profit at ₹2.61Cr
Synergy Green Industries declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 30.09% & the profit came at ₹2.61cr. It is noteworthy that Synergy Green Industries had declared a loss of ₹0.72cr in the previous fiscal year same period.
As compared to the previous quarter, the revenue grew by 22.6%.
The Selling, general & administrative expenses rose by 13.66% q-o-q & increased by 20.05% Y-o-Y.
The operating income was down by 11% q-o-q & increased by 98.06% Y-o-Y.
The EPS is ₹1.85 for Q3 FY24 which increased by 462.75% Y-o-Y.
Synergy Green Industries has delivered -11.9% return in the last 1 week, 67.43% return in the last 6 months, and 10.78% YTD return.
Currently, the Synergy Green Industries has a market cap of ₹498.01 Cr and a 52wk high/low of ₹435 & ₹108.5 respectively.
Synergy Green Industries Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 88.22 | 71.95 | +22.6% | 67.81 | +30.09% |
| Selling/ General/ Admin Expenses Total | 7.39 | 6.5 | +13.66% | 6.15 | +20.05% |
| Depreciation/ Amortization | 3.13 | 2.97 | +5.21% | 3.02 | +3.51% |
| Total Operating Expense | 81.59 | 64.5 | +26.49% | 64.46 | +26.56% |
| Operating Income | 6.63 | 7.45 | -11% | 3.35 | +98.06% |
| Net Income Before Taxes | 3.61 | 4.37 | -17.51% | -0.71 | +606.73% |
| Net Income | 2.61 | 3.21 | -18.43% | -0.72 | +461.97% |
| Diluted Normalized EPS | 1.85 | 2.27 | -18.5% | -0.51 | +462.75% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.