Emmsons International Q3 FY24 Results Live: Loss Rises by 8.91% YoY
Emmsons International, a leading company, announced their Q3 FY24 results on 14th February 2024. The company reported that their revenue remained unchanged compared to the same period last year, showing a 0% YoY decline. However, their loss increased by 8.91% YoY.
In comparison to the previous quarter, Emmsons International experienced no change in revenue. On the positive side, the company managed to decrease their loss by 0.03%. The Selling, General, and Administrative (SG&A) expenses saw a significant increase of 30.13% quarter-on-quarter (q-o-q).
However, when compared to the same period last year, the expenses decreased by 31.49% year-on-year (Y-o-Y). The operating income for Q3 FY24 was down by 19.07% q-o-q and decreased by 5.56% Y-o-Y. This indicates a decline in the company's profitability during the quarter.
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