Westlife Development Q3 FY24 Results Live: Profit Falls by 52.59% YOY

Westlife Development Q3 FY24 Results Live: Revenue decreased by 1.83% YoY & profit decreased by 52.59% YoY

Livemint
Published2 Feb 2024, 02:43 AM IST
Westlife Development Q3 FY24 Results Live
Westlife Development Q3 FY24 Results Live

Westlife Development declared their Q3 FY24 results on 31 Jan, 2024. The topline decreased by 1.83% & the profit decreased by 52.59% YoY. As compared to the previous quarter, the revenue declined by 2.36% and the profit decreased by 22.93%.

The Selling, general & administrative expenses declined by 1.01% q-o-q & decreased by 1.82% Y-o-Y.

The operating income was down by 31.65% q-o-q & decreased by 54.31% Y-o-Y.

The EPS is 1.1 for Q3 FY24, which decreased by 52.79% Y-o-Y.

Westlife Development has delivered 0.46% return in the last 1 week, -10.45% return in the last 6 months, and 1.79% YTD return.

Currently, Westlife Development has a market cap of 12924.89 Cr and a 52wk high/low of 1024.95 & 639.3 respectively.

As of 02 Feb, 2024, out of 20 analysts covering the company, 3 analysts have given a Sell rating, 4 analysts have given a Hold rating, 8 analysts have given a Buy rating, and 5 analysts have given a Strong Buy rating.

The consensus recommendation as of 02 Feb, 2024, was to Buy.

Westlife Development Financials

PeriodQ3 FY24Q2 FY24Q-o-Q GrowthQ3 FY23Y-o-Y Growth
Total Revenue600.25614.73-2.36%611.46-1.83%
Selling/ General/ Admin Expenses Total82.1883.02-1.01%83.7-1.82%
Depreciation/ Amortization45.543.94+3.56%38.56+18%
Total Operating Expense581.86587.82-1.01%571.2+1.87%
Operating Income18.3926.91-31.65%40.26-54.31%
Net Income Before Taxes23.130.21-23.55%48.01-51.9%
Net Income17.2422.37-22.93%36.37-52.59%
Diluted Normalized EPS1.11.41-21.99%2.33-52.79%
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₹17.24Cr
₹600.25Cr
First Published:2 Feb 2024, 02:43 AM IST
Business NewsCompaniesCompany ResultsWestlife Development Q3 FY24 Results Live: Profit Falls by 52.59% YOY

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