Visaka Industries Q3 FY24 results: Revenue decreased by 3.63% YoY & loss at ₹7.16Cr
Visaka Industries declared their Q3 FY24 results on 12 Feb, 2024. The topline decreased by 3.63% & the loss came at ₹7.16cr.
Visaka Industries declared their Q3 FY24 results on 12 Feb, 2024. The topline decreased by 3.63% & the loss came at ₹7.16cr.
It is noteworthy that Visaka Industries had declared a profit of ₹3.35cr in the previous fiscal year same period.
As compared to the previous quarter, the revenue grew by 1.4%.
The Selling, general & administrative expenses rose by 10.33% q-o-q & increased by 8.81% Y-o-Y.
The operating income was down by 105.72% q-o-q & decreased by 109.35% Y-o-Y.
The EPS is ₹-0.83 for Q3 FY24, which decreased by 229.1% Y-o-Y.
Visaka Industries has delivered a 31.44% return in the last 1 week, 83.2% return in the last 6 months, and 81.82% YTD return.
Currently, Visaka Industries has a market cap of ₹1356.55 Cr and 52wk high/low of ₹177.95 & ₹64.4 respectively.
Visaka Industries Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 343.58 | 338.84 | +1.4% | 356.52 | -3.63% |
| Selling/ General/ Admin Expenses Total | 34.81 | 31.56 | +10.33% | 32 | +8.81% |
| Depreciation/ Amortization | 14.95 | 13.63 | +9.68% | 12.91 | +15.87% |
| Total Operating Expense | 344.46 | 339.27 | +1.53% | 347.06 | -0.75% |
| Operating Income | -0.88 | -0.43 | -105.72% | 9.46 | -109.35% |
| Net Income Before Taxes | -8.97 | -6.33 | -41.8% | 4.88 | -283.82% |
| Net Income | -7.16 | -5.07 | -41.29% | 3.35 | -313.79% |
| Diluted Normalized EPS | -0.83 | -0.59 | -40.68% | 0.64 | -229.1% |
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