Tega Industries Q3 FY24 Results Live: Profit Falls by 26.37% YoY

Tega Industries declared their Q3 FY24 results on 09 Feb, 2024. The topline increased by 14.57% & the profit decreased by 26.37% YoY. As compared to the previous quarter, the revenue declined by 9.87% and the profit decreased by 24.8%.

The Selling, general & administrative expenses rose by 4.24% q-o-q & increased by 47.56% Y-o-Y.

The operating income was down by 37.96% q-o-q & decreased by 26.03% Y-o-Y.

The EPS is ₹5.34 for Q3 FY24 which decreased by 26.45% Y-o-Y.

Tega Industries has delivered 1.75% return in the last 1 week, 7.88% return in the last 6 months, and 0.95% YTD return.

Currently, Tega Industries has a market cap of ₹7737.02 Cr and a 52wk high/low of ₹1224.4 & ₹604.2 respectively.

As of 11 Feb, 2024, out of 2 analysts covering the company, 1 analyst has given a Buy rating & 1 analyst has given a Strong Buy rating.

The consensus recommendation as of 11 Feb, 2024, was to Strong Buy.