Neuland Laboratories Q3 FY24 Results Live: Profit Rises by 166.43% YoY
Neuland Laboratories declared their Q3 FY24 results on 08 Feb, 2024. The topline increased by 45.9% & the profit increased by 166.43% YoY.
As compared to the previous quarter, the revenue declined by 5.97% and the profit decreased by 8.8%.
The Selling, general & administrative expenses declined by 4.69% q-o-q & increased by 27.32% Y-o-Y.
The operating income was down by 13.71% q-o-q & increased by 160.44% Y-o-Y.
The EPS is ₹63.44 for Q3 FY24 which increased by 166.44% Y-o-Y.
Neuland Laboratories has delivered 4.57% return in the last 1 week, 62.78% return in the last 6 months, and 23.36% YTD return.
Currently, Neuland Laboratories has a market cap of ₹8374.9 Cr and a 52wk high/low of ₹6688 & ₹1362.65 respectively.
As of 11 Feb, 2024, out of 1 analyst covering the company, 1 analyst has given a Strong Buy rating.
The consensus recommendation as of 11 Feb, 2024, was to Strong Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 392.83 | 417.75 | -5.97% | 269.25 | +45.9% |
| Selling/ General/ Admin Expenses Total | 65.73 | 68.96 | -4.69% | 51.62 | +27.32% |
| Depreciation/ Amortization | 15.14 | 14.51 | +4.38% | 13.34 | +13.55% |
| Total Operating Expense | 286.71 | 294.77 | -2.74% | 228.5 | +25.47% |
| Operating Income | 106.12 | 122.98 | -13.71% | 40.75 | +160.44% |
| Net Income Before Taxes | 104.48 | 121.59 | -14.07% | 38.94 | +168.35% |
| Net Income | 81.39 | 89.25 | -8.8% | 30.55 | +166.43% |
| Diluted Normalized EPS | 63.44 | 69.56 | -8.8% | 23.81 | +166.44% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹81.39Cr
Question : What is Q3 FY24 revenue?
Ans : ₹392.83Cr
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Published: 11 Feb 2024, 03:45 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.