Ace Men Engineering Works Q3 FY24 Results Live : profit falls by 53.56% YOY
Ace Men Engineering Works announced their Q3 FY24 results on 20 Feb, 2024. The company experienced a significant decline in revenue, with a decrease of 100% year-over-year.
Additionally, the profit also took a hit, falling by 53.56% compared to the same period last year. In comparison to the previous quarter, Ace Men Engineering Works saw no change in revenue, but a notable increase of 50.51% in profit.
However, the company faced challenges with a substantial rise in Selling, General & Administrative expenses, which increased by 12.69% quarter-over-quarter and a staggering 217.89% year-over-year. Despite this, the operating income showed a slight improvement, rising by 9.21% from the previous quarter.
However, it still saw a significant decline of 143.86% year-over-year. The Earnings Per Share (EPS) for Q3 FY24 stood at ₹0.19, reflecting a decrease of 53.42% year-over-year for Ace Men Engineering Works.FAQsQuestion : What is the Q3 FY24 profit/Loss as per company?Ans : ₹0.06CrQuestion : What is Q3 FY24 revenue?Ans : ₹0Cr Stay updated on quarterly results with our results calendarMilestone Alert!
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