Stock Report

Axita Cotton Ltd Q3 FY2024 net profit lower at Rs. 3.13 crore



Posted On : 2024-01-19 21:15:44( TIMEZONE : IST )

Axita Cotton Ltd Q3 FY2024 net profit lower at Rs. 3.13 crore

has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 267.4502 crores during the period ended December 31, 2023 as compared to Rs. 390.4533 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 3.1327 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 6.5061 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.13 for the period ended December 31, 2023 as compared to Rs. 0.33 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 267.4502 crs ₹390.4533 crs Up Tick / Down Tick-31.50%
Net Profit ₹3.1327 crs ₹6.5061 crs Up Tick / Down Tick-51.85%
EPS ₹0.13 ₹0.33 Up Tick / Down Tick-60.61%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 267.4502 crores during the period ended December 31, 2023 as compared to Rs.131.3882 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.1327 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.4.6957 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.13 for the period ended December 31, 2023 as compared to Rs.0.24 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 267.4502 crs ₹131.3882 crs Up Tick / Down Tick103.56%
Net Profit ₹3.1327 crs ₹4.6957 crs Up Tick / Down Tick-33.29%
EPS ₹0.13 ₹0.24 Up Tick / Down Tick-45.83%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.886.6920 crores during the 9 Months period ended December 31, 2023 as compared to Rs.428.9553 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.15.3855 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.11.4395 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.60 for the 9 Months period ended December 31, 2023 as compared to Rs.0.58 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹886.6920 crs ₹428.9553 crs Up Tick / Down Tick106.71%
Net Profit ₹15.3855 crs ₹11.4395 crs Up Tick / Down Tick34.49%
EPS ₹0.60 ₹0.58 Up Tick / Down Tick3.45%

Source : Equity Bulls

Keywords

AxitaCotton Q3FY24 9MFY24 ResultUpdate