Quasar India Q3 FY24 Results Live : profit falls by 54.45% YOY
Quasar India announced their Q3 FY24 results on 27 Mar, 2024, showcasing a significant increase in revenue by 539.7% year-over-year (YoY). However, the profit saw a decline of 54.45% YoY.
Comparing to the previous quarter, the company experienced a decrease in revenue by 14.81% and a substantial decrease in profit by 75.84%.
The Selling, general & administrative expenses remained unchanged quarter-over-quarter and decreased by 100% year-over-year.
Operating income took a hit, dropping by 75.84% q-o-q, but saw an increase of 11.24% Y-o-Y.
The Earnings Per Share (EPS) for Q3 FY24 is reported at ₹0.35, marking a decrease of 53.97% Y-o-Y.
In terms of returns, Quasar India delivered 12.89% in the last week, with negative returns of -47.01% in the last 6 months and -28.16% year-to-date.
Currently, Quasar India holds a market capitalization of ₹7.36 Cr with a 52-week high/low of ₹42.36 & ₹12.12 respectively.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 8.74 | 10.26 | -14.81% | 1.37 | +539.7% |
| Selling/ General/ Admin Expenses Total | 0 | 0 | -0% | 0.02 | -100% |
| Depreciation/ Amortization | 0 | 0 | -0% | 0 | -0% |
| Total Operating Expense | 8.49 | 9.23 | -7.96% | 1.14 | +643.91% |
| Operating Income | 0.25 | 1.04 | -75.84% | 0.23 | +11.24% |
| Net Income Before Taxes | 0.25 | 1.04 | -75.84% | 0.55 | -54.46% |
| Net Income | 0.19 | 0.77 | -75.84% | 0.41 | -54.45% |
| Diluted Normalized EPS | 0.35 | 1.43 | -75.52% | 0.76 | -53.97% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹0.19Cr
Question : What is Q3 FY24 revenue?
Ans : ₹8.74Cr
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Published: 30 Mar 2024, 01:53 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.