HB Portfolio Q3 FY24 Results Live: Profit Rises by 21.8% YoY
HB Portfolio, a leading financial company, has declared their Q3 FY24 results on 14 Feb, 2024. The company witnessed a decrease of 44.08% in their revenue compared to the same quarter last year. However, the profit increased by 21.8% YoY.
In comparison to the previous quarter, the company experienced a growth of 1.68% in revenue, but a decrease of 19.58% in profit.
One of the key factors contributing to the increase in profit was the rise in selling, general & administrative expenses by 13.74% quarter-on-quarter (q-o-q). However, these expenses decreased by 0.91% year-on-year (Y-o-Y).
The operating income of HB Portfolio showed a slight increase of 0.25% q-o-q and a significant increase of 60.3% Y-o-Y.
The earnings per share (EPS) for Q3 FY24 stood at ₹1.46, which decreased by 3.95% Y-o-Y.
In terms of market performance, HB Portfolio has delivered a return of 5.19% in the last 1 week, 64.35% in the last 6 months, and 18.15% year-to-date (YTD).
Currently, HB Portfolio has a market capitalization of ₹90.95 Cr and a 52-week high/low of ₹98 and ₹34 respectively.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 5.98 | 5.88 | +1.68% | 10.69 | -44.08% |
| Selling/ General/ Admin Expenses Total | 1.86 | 1.64 | +13.74% | 1.88 | -0.91% |
| Depreciation/ Amortization | 0.09 | 0.11 | -18.45% | 0.09 | -0% |
| Total Operating Expense | 3.29 | 3.2 | +2.88% | 9.01 | -63.5% |
| Operating Income | 2.69 | 2.68 | +0.25% | 1.68 | +60.3% |
| Net Income Before Taxes | 2.76 | 2.68 | +3.06% | 1.69 | +63.52% |
| Net Income | 2.02 | 2.51 | -19.58% | 1.65 | +21.8% |
| Diluted Normalized EPS | 1.46 | 2.33 | -37.29% | 1.52 | -3.95% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹2.02Cr
Question : What is Q3 FY24 revenue?
Ans : ₹5.98Cr
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Published: 17 Feb 2024, 03:03 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.