HFCL Q3 FY24 Results Live : Profit Falls by 14.28% YoY
HFCL declared their Q3 FY24 results on 01 Feb, 2024. The topline decreased by 4.93% & the profit decreased by 14.28% YoY.
Compared to the previous quarter, the revenue declined by 7.12% and the profit increased by 18.45%.
The Selling, general & administrative expenses rose by 10.54% q-o-q & increased by 6.83% Y-o-Y.
The operating income was down by 12.32% q-o-q & decreased by 41.82% Y-o-Y.
The EPS is ₹0.58 for Q3 FY24, which decreased by 15.94% Y-o-Y.
HFCL has delivered -2.08% return in the last 1 week, 57.58% return in the last 6 months, and 22.94% YTD return.
Currently, HFCL has a market cap of ₹14769.53 Cr and a 52wk high/low of ₹108.8 & ₹55.75 respectively.
As of 04 Feb, 2024, out of 1 analyst covering the company, 1 analyst has given a Strong Buy rating.
The consensus recommendation as of 04 Feb, 2024, was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1032.31 | 1111.49 | -7.12% | 1085.84 | -4.93% |
| Selling/ General/ Admin Expenses Total | 90.08 | 81.49 | +10.54% | 84.32 | +6.83% |
| Depreciation/ Amortization | 19.27 | 21.45 | -10.16% | 20.13 | -4.27% |
| Total Operating Expense | 934.85 | 1000.34 | -6.55% | 918.33 | +1.8% |
| Operating Income | 97.46 | 111.15 | -12.32% | 167.51 | -41.82% |
| Net Income Before Taxes | 107.86 | 94.18 | +14.53% | 136.92 | -21.22% |
| Net Income | 82.23 | 69.42 | +18.45% | 95.93 | -14.28% |
| Diluted Normalized EPS | 0.58 | 0.5 | +16% | 0.69 | -15.94% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹82.23Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1032.31Cr
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Published: 04 Feb 2024, 02:46 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.