B E M L Q3 FY24 Results Live : profit falls by 27.3% YOY
B E M L declared their Q3 FY24 results on 08 Feb, 2024. The topline increased by 0.96% & the profit decreased by 27.3% YoY.
As compared to the previous quarter the revenue grew by 14.2% and the profit decreased by 6.93%.
The Selling, general & administrative expenses rose by 2.54% q-o-q & decreased by 1.62% Y-o-Y.
The operating income was down by 7.43% q-o-q & decreased by 45.46% Y-o-Y.
The EPS is ₹11.57 for Q3 FY24 which decreased by 27.32% Y-o-Y.
B E M L has delivered -7.6% return in the last 1 week, 77.43% return in last 6 months and 24.26% YTD return.
Currently the B E M L has a market cap of ₹14639.92 Cr and 52wk high/low of ₹4144.25 & ₹1128 respectively.
As of 11 Feb, 2024 out of 2 analysts covering the company, 1 analyst has given Sell rating &1 analyst has given Hold rating.
The consensus recommendation as on 11 Feb, 2024 was to Sell.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1046.97 | 916.79 | +14.2% | 1036.97 | +0.96% |
| Selling/ General/ Admin Expenses Total | 210.82 | 205.59 | +2.54% | 214.3 | -1.62% |
| Depreciation/ Amortization | 15.78 | 15.75 | +0.19% | 15.91 | -0.82% |
| Total Operating Expense | 1006.87 | 873.47 | +15.27% | 963.44 | +4.51% |
| Operating Income | 40.1 | 43.32 | -7.43% | 73.53 | -45.46% |
| Net Income Before Taxes | 66.85 | 42.18 | +58.49% | 66.3 | +0.83% |
| Net Income | 48.2 | 51.79 | -6.93% | 66.3 | -27.3% |
| Diluted Normalized EPS | 11.57 | 12.43 | -6.92% | 15.92 | -27.32% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹48.2Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1046.97Cr
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Published: 11 Feb 2024, 03:45 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.