Linc Q3 FY24 Results Live: Profit Falls by 32% YoY
Linc, a prominent company, has recently declared their Q3 FY24 results on 08 Feb, 2024. The company’s topline experienced a decrease of 3.38% compared to the previous year, and the profit also saw a significant decline of 32% YoY.
In comparison to the previous quarter, Linc’s revenue declined by 8.29% and the profit decreased by 1.78%.
The selling, general & administrative expenses showed a decline of 3.41% quarter-on-quarter, but witnessed an increase of 22.34% year-on-year.
While the operating income experienced a growth of 12.73% q-o-q, it declined by 32.33% YoY.
The company’s earnings per share (EPS) for Q3 FY24 are reported to be ₹5.09, which shows a decrease of 32.04% YoY.
Linc’s performance in the market has not been favorable, as it has delivered a negative return of -3.57% in the last 1 week, -7.87% in the last 6 months, and -10.17% year-to-date.
Currently, Linc has a market cap of ₹893.6 Cr and a 52-week high/low of ₹900 and ₹452.55 respectively.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 120.34 | 131.22 | -8.29% | 124.55 | -3.38% |
| Selling/ General/ Admin Expenses Total | 18.3 | 18.95 | -3.41% | 14.96 | +22.34% |
| Depreciation/ Amortization | 3.6 | 3.79 | -5.26% | 3.54 | +1.53% |
| Total Operating Expense | 110.43 | 122.42 | -9.8% | 109.9 | +0.48% |
| Operating Income | 9.91 | 8.79 | +12.73% | 14.65 | -32.33% |
| Net Income Before Taxes | 10.14 | 10.26 | -1.21% | 14.9 | -31.97% |
| Net Income | 7.57 | 7.71 | -1.78% | 11.13 | -32% |
| Diluted Normalized EPS | 5.09 | 5.18 | -1.74% | 7.49 | -32.04% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹7.57Cr
Question : What is Q3 FY24 revenue?
Ans : ₹120.34Cr
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Published: 11 Feb 2024, 03:45 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.