Abbott India Q3 FY24 Results Live: Profit Rises by 25.99% YoY
Abbott India declared their Q3 FY24 results on 01 Feb, 2024. The topline increased by 8.34% & the profit increased by 25.99% YoY. As compared to the previous quarter, the revenue declined by 3.81% and the profit decreased by 0.63%.
The Selling, general & administrative expenses declined by 2.46% q-o-q & increased by 2.92% Y-o-Y.
The operating income was up by 1.84% q-o-q & increased by 23.78% Y-o-Y.
The EPS is ₹146.34 for Q3 FY24, which increased by 25.98% Y-o-Y.
Abbott India has delivered 1.13% return in the last 1 week, 5.42% return in the last 6 months, and 13.28% YTD return.
Currently, Abbott India has a market cap of ₹55008.07 Cr and a 52wk high/low of ₹26381.65 & ₹19778.07 respectively.
As of 03 Feb, 2024, out of 6 analysts covering the company, 1 analyst has given a Strong Sell rating, 3 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.
The consensus recommendation as of 03 Feb, 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1437.14 | 1494.14 | -3.81% | 1326.48 | +8.34% |
| Selling/ General/ Admin Expenses Total | 139.19 | 142.7 | -2.46% | 135.24 | +2.92% |
| Depreciation/ Amortization | 17.97 | 17.84 | +0.73% | 17.81 | +0.9% |
| Total Operating Expense | 1067.42 | 1131.1 | -5.63% | 1027.8 | +3.85% |
| Operating Income | 369.72 | 363.04 | +1.84% | 298.68 | +23.78% |
| Net Income Before Taxes | 422.16 | 415.42 | +1.62% | 334.83 | +26.08% |
| Net Income | 310.98 | 312.94 | -0.63% | 246.83 | +25.99% |
| Diluted Normalized EPS | 146.34 | 147.27 | -0.63% | 116.16 | +25.98% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹310.98Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1437.14Cr
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Published: 03 Feb 2024, 02:44 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.