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Aksh Optifibre Q3 FY24 results : loss at ₹4.21Cr, Revenue decreased by 24.15% YoY
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Aksh Optifibre declared their Q3 FY24 results on 14 Feb, 2024. The topline decreased by 24.15% & the loss came at ₹4.21cr.
It is noteworthy that Aksh Optifibre had declared profit of ₹1.19cr in the previous fiscal year same period. As compared to the previous quarter, the revenue declined by 14.28%.
The Selling, general & administrative expenses declined by 4.4% q-o-q & decreased by 4.79% Y-o-Y. The operating income was down by 144.02% q-o-q & decreased by 122.36% Y-o-Y.
The EPS is ₹-0.31 for Q3 FY24, which decreased by 429.05% Y-o-Y. Aksh Optifibre has delivered -10.19% return in the last 1 week, 8.68% return in the last 6 months, and -1.65% YTD return.
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