Transport Corporation Of India Q3 FY24 Results Live: profit falls by 7.44% YOY
Transport Corporation Of India declared their Q3 FY24 results on 02 Feb, 2024. The topline increased by 3.65% & the profit decreased by 7.44% YoY. As compared to the previous quarter, the revenue grew by 0.86% and the profit decreased by 8.74%.
The Selling, general & administrative expenses declined by 0.35% q-o-q & increased by 14.85% Y-o-Y.
The operating income was down by 3.61% q-o-q & decreased by 19.54% Y-o-Y.
The EPS is ₹10.19 for Q3 FY24 which decreased by 7.62% Y-o-Y.
Transport Corporation Of India has delivered 12.88% return in the last 1 week, 28.35% return in the last 6 months, and 18.24% YTD return.
Currently, Transport Corporation Of India has a market cap of ₹7556.6 Cr and a 52wk high/low of ₹1079.5 & ₹591 respectively.
As of 04 Feb, 2024, out of 7 analysts covering the company, 3 analysts have given Buy rating & 5 analysts have given 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 | 1002 | 993.5 | +0.86% | 966.7 | +3.65% |
| Selling/ General/ Admin Expenses Total | 56.6 | 56.8 | -0.35% | 49.28 | +14.85% |
| Depreciation/ Amortization | 33.1 | 31.1 | +6.43% | 31.39 | +5.45% |
| Total Operating Expense | 935.2 | 924.2 | +1.19% | 883.68 | +5.83% |
| Operating Income | 66.8 | 69.3 | -3.61% | 83.02 | -19.54% |
| Net Income Before Taxes | 91 | 97.4 | -6.57% | 97.64 | -6.8% |
| Net Income | 79.4 | 87 | -8.74% | 85.78 | -7.44% |
| Diluted Normalized EPS | 10.19 | 11.17 | -8.77% | 11.03 | -7.62% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹79.4Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1002Cr
Stay updated on quarterly results with our results calendar
Here’s your comprehensive 3-minute summary of all the things Finance Minister Nirmala Sitharaman said in her Budget speech: Click to download!
Download Finplay News App to get Daily Market Updates & Live Business News.
More
Less
Published: 04 Feb 2024, 02:47 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.