TCI IndustriesThe industry leading company has declared its Q3 FY24 results on January 24, 2024. The company has seen a significant growth of 37.18% in revenue compared to the same period last year. Additionally, the company has managed to reduce its losses by 62.33% year-on-year.
Compared to the previous quarter, TCI Industries saw a 32.64% increase in revenue and a 62.93% decrease in loss.
The company’s selling, general and administrative expenses declined marginally by 1.75% quarter-on-quarter but increased by 2.48% year-on-year.
Furthermore, TCI Industries has shown a positive growth in its operating income with a growth of 5.13% quarter-on-quarter and 3.85% growth year-on-year.
The earnings per share (EPS) for Q3FY24 are -1.65, which represents a year-on-year increase of 62.33%.
In terms of stock performance, TCI Industries has returned 0% over the past week, while showing a strong return of 16.32% over the past six months and a return of 12.55% year-to-date.
Currently, the market capitalization of TCI Industries is 124.65 crore, with 52 week high 1510 and 52-week low 992.
| Duration | Q3FY24 | Q2FY24 | QoQ growth | Q3FY23 | year on year increase |
|---|---|---|---|---|---|
| total revenue | 0.35 | 0.26 | +32.64% | 0.25 | +37.18% |
| Selling/General/Administrative Expenses Total | 0.27 | 0.27 | -1.75% | 0.26 | +2.48% |
| Depreciation & Amortization | 0.05 | 0.05 | -0.2% | 0.06 | -8.77% |
| total operating expenses | 0.73 | 0.67 | +9.51% | 0.66 | +11.86% |
| operating income | -0.39 | -0.41 | +5.13% | -0.41 | +3.85% |
| net income before taxes | -0.15 | -0.4 | +62.93% | -0.39 | +62.33% |
| Net income | -0.15 | -0.4 | +62.93% | -0.39 | +62.33% |
| diluted normalized EPS | -1.65 | -4.45 | +62.92% | -4.38 | +62.33% |
questions to ask
Q: What is the company’s Q3FY24 profit/loss?
Answer: ₹-0.15 crore
Q: What is the Q3 FY24 revenue?
Answer: ₹0.35 crore
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Published: Jan 27, 2024, 03:01 am IST
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