Aether Industries Q3 FY24 Results Live: profit falls by 50.26% YOY
Aether Industries declared their Q3 FY24 results on 01 Feb, 2024. The topline decreased by 7.04% & the profit decreased by 50.26% YoY. As compared to the previous quarter the revenue declined by 5.36% and the profit decreased by 52.48%.
The Selling, general & administrative expenses declined by 20.23% q-o-q & decreased by 1.34% Y-o-Y.
The operating income was down by 59.64% q-o-q & decreased by 64.25% Y-o-Y.
The EPS is ₹1.67 for Q3 FY24 which decreased by 40.46% Y-o-Y.
Aether Industries has delivered 1.82% return in the last 1 week, -16.44% return in last 6 months and -2.39% YTD return.
Currently the Aether Industries has a market cap of ₹11479.52 Cr and 52wk high/low of ₹1209 & ₹778 respectively.
As of 04 Feb, 2024 out of 5 analysts covering the company, 1 analyst has given Buy rating &4 analysts have given Strong Buy rating.
The consensus recommendation as on 04 Feb, 2024 was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 155.36 | 164.17 | -5.36% | 167.13 | -7.04% |
| Selling/ General/ Admin Expenses Total | 9.2 | 11.53 | -20.23% | 9.32 | -1.34% |
| Depreciation/ Amortization | 10.33 | 9.74 | +6.02% | 6.4 | +61.45% |
| Total Operating Expense | 140.74 | 127.93 | +10.01% | 126.22 | +11.5% |
| Operating Income | 14.62 | 36.23 | -59.64% | 40.91 | -64.25% |
| Net Income Before Taxes | 23.82 | 48.73 | -51.11% | 43.86 | -45.69% |
| Net Income | 17.43 | 36.68 | -52.48% | 35.04 | -50.26% |
| Diluted Normalized EPS | 1.67 | 2.77 | -39.6% | 2.81 | -40.46% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹17.43Cr
Question : What is Q3 FY24 revenue?
Ans : ₹155.36Cr
Stay updated on quarterly results with our results calendar
Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!
Download Finplay News App to get Daily Market Updates & Live Business News.
More
Less
Published: 04 Feb 2024, 02:46 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.