IPCA Laboratories Q3 FY24 Results Live : profit rise by 66.8% YOY
IPCA Laboratories declared their Q3 FY24 results on 14 Feb, 2024. The topline increased by 32.79% & the profit increased by 66.8% YoY. As compared to the previous quarter the revenue grew by 0.93% and the profit increased by 24%.
The Selling, general & administrative expenses rose by 7.79% q-o-q & increased by 44.15% Y-o-Y.
The operating income was up by 0.39% q-o-q & increased by 55.29% Y-o-Y.
The EPS is ₹6.99 for Q3 FY24 which increased by 64.51% Y-o-Y.
IPCA Laboratories has delivered -5.78% return in the last 1 week, 29.79% return in last 6 months and 3.73% YTD return.
Currently the IPCA Laboratories has a market cap of ₹29295.23 Cr and 52wk high/low of ₹1263.95 & ₹669.8 respectively.
As of 16 Feb, 2024 out of 14 analysts covering the company, 2 analysts have given Strong Sell rating, 3 analysts have given Sell rating, 5 analysts have given Hold rating, 2 analysts have given Buy rating &2 analysts have given Strong Buy rating.
The consensus recommendation as on 16 Feb, 2024 was to Hold.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2052.86 | 2033.96 | +0.93% | 1546 | +32.79% |
| Selling/ General/ Admin Expenses Total | 459.04 | 425.87 | +7.79% | 318.44 | +44.15% |
| Depreciation/ Amortization | 99.5 | 90.34 | +10.14% | 66.57 | +49.47% |
| Total Operating Expense | 1821.03 | 1803.03 | +1% | 1396.71 | +30.38% |
| Operating Income | 231.83 | 230.93 | +0.39% | 149.29 | +55.29% |
| Net Income Before Taxes | 288.89 | 225.36 | +28.19% | 169.34 | +70.6% |
| Net Income | 179.88 | 145.06 | +24% | 107.84 | +66.8% |
| Diluted Normalized EPS | 6.99 | 5.72 | +22.24% | 4.25 | +64.51% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹179.88Cr
Question : What is Q3 FY24 revenue?
Ans : ₹2052.86Cr
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Published: 16 Feb 2024, 03:07 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.