V-Guard Industries Q3 FY24 Results Live : profit rise by 48.25% YOY
V-Guard Industries declared their Q3 FY24 results on 01 Feb, 2024. The topline increased by 18.82% & the profit increased by 48.25% YoY. As compared to the previous quarter the revenue grew by 2.79% and the profit decreased by 1.2%.
The Selling, general & administrative expenses declined by 22.13% q-o-q & increased by 6.51% Y-o-Y.
The operating income was up by 13.45% q-o-q & increased by 67.66% Y-o-Y.
The EPS is ₹1.33 for Q3 FY24 which increased by 47.78% Y-o-Y.
V-Guard Industries has delivered 2.13% return in the last 1 week, 6.5% return in last 6 months and 2.33% YTD return.
Currently the V-Guard Industries has a market cap of ₹12973.46 Cr and 52wk high/low of ₹335 & ₹229.05 respectively.
As of 03 Feb, 2024 out of 19 analysts covering the company, 2 analysts have given Strong Sell rating, 1 analyst has given Sell rating, 4 analysts have given Hold rating, 8 analysts have given Buy rating & 4 analysts have given Strong Buy rating.
The consensus recommendation as on 03 Feb, 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1165.39 | 1133.75 | +2.79% | 980.84 | +18.82% |
| Selling/ General/ Admin Expenses Total | 82.63 | 106.11 | -22.13% | 77.58 | +6.51% |
| Depreciation/ Amortization | 19.14 | 19.79 | -3.28% | 16.68 | +14.73% |
| Total Operating Expense | 1082.91 | 1061.05 | +2.06% | 931.64 | +16.24% |
| Operating Income | 82.48 | 72.7 | +13.45% | 49.19 | +67.66% |
| Net Income Before Taxes | 76.25 | 77.53 | -1.65% | 52.84 | +44.29% |
| Net Income | 58.24 | 58.95 | -1.2% | 39.29 | +48.25% |
| Diluted Normalized EPS | 1.33 | 1.34 | -0.75% | 0.9 | +47.78% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹58.24Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1165.39Cr
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Published: 03 Feb 2024, 02:44 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.