Quasar India announced their Q3 FY24 results on 27 Mar, 2024, showcasing a significant increase in revenue by 539.7% year-over-year (YoY). However, the profit saw a decline of 54.45% YoY.
Comparing to the previous quarter, the company experienced a decrease in revenue by 14.81% and a substantial decrease in profit by 75.84%. The Selling, general & administrative expenses remained unchanged quarter-over-quarter and decreased by 100% year-over-year.
Operating income took a hit, dropping by 75.84% q-o-q, but saw an increase of 11.24% Y-o-Y. The Earnings Per Share (EPS) for Q3 FY24 is reported at ₹0.35, marking a decrease of 53.97% Y-o-Y.
In terms of returns, Quasar India delivered 12.89% in the last week, with negative returns of -47.01% in the last 6 months and -28.16% year-to-date. Currently, Quasar India holds a market capitalization of ₹7.36 Cr with a 52-week high/low of ₹42.36 & ₹12.12 respectively.FAQsQuestion : What is the Q3 FY24 profit/Loss as per company?Ans : ₹0.19CrQuestion : What is Q3 FY24 revenue?Ans : ₹8.74Cr Stay updated on quarterly results with our results calendarMilestone Alert!
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