Maharashtra Scooters Q3 FY24 results live: Profit declines 66.78% year-on-year

maharashtra scooter Announced its Q3 FY24 results on January 25, 2024. Topline declined by 2.31% and profit declined by 66.78%. Revenue increased 4% and profit decreased 99.49% compared to the previous quarter.

Selling, general and administrative expenses increased 6.25% on a quarterly basis and decreased 2.6% on a yearly basis.

Operating income increased 20.49% quarter-on-quarter and decreased 97.41%.

EPS is 0.88 for Q3FY24 which declined by 66.54% YoY.

Maharashtra Scooters has given -3.14% return in last 1 week, 26.85% return in last 6 months and -1.1% YTD return.

The current market cap of Maharashtra Scooters is 8386.23 crore and 52wk high/low 8608.4 and 4072 respectively.

Maharashtra Scooters Financial

DurationQ3FY24Q2FY24QoQ growthQ3FY23year on year increase
total revenue3.383.25+4%3.46-2.31%
Selling/General/Administrative Expenses Total1.871.76+6.25%1.92-2.6%
Depreciation & Amortization0.510.52-1.92%0.51-0%
total operating expenses5.676.13-7.5%4.62+22.73%
operating income-2.29-2.88+20.49%-1.16-97.41%
net income before taxes1.4199.9-99.3%4.09-65.77%
Net income1197.73-99.49%3.01-66.78%
diluted normalized EPS0.88173.01-99.49%2.63-66.54%

questions to ask

Q: What is the company’s Q3FY24 profit/loss?

Answer: ₹1 crore

Q: What is the Q3 FY24 revenue?

Answer: ₹3.38 crore

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Published: 27 January 2024, 02:59 am IST

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