Stock Report

Indoco Remedies Ltd posts decline in consolidated Q3 FY24 PAT to Rs. 16.30 crores



Posted On : 2024-01-23 12:36:29( TIMEZONE : IST )

Indoco Remedies Ltd posts decline in consolidated Q3 FY24 PAT to Rs. 16.30 crores

Indoco Remedies Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 461.77 crores during the period ended December 31, 2023 as compared to Rs. 486.16 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 16.30 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 35.08 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.69 for the period ended December 31, 2023 as compared to Rs. 3.82 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 461.77 crs ₹486.16 crs Up Tick / Down Tick-5.02%
Net Profit ₹16.30 crs ₹35.08 crs Up Tick / Down Tick-53.53%
EPS ₹1.69 ₹3.82 Up Tick / Down Tick-55.76%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 461.77 crores during the period ended December 31, 2023 as compared to Rs.399.56 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.16.30 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.28.15 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.69 for the period ended December 31, 2023 as compared to Rs.3.05 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 461.77 crs ₹399.56 crs Up Tick / Down Tick15.57%
Net Profit ₹16.30 crs ₹28.15 crs Up Tick / Down Tick-42.10%
EPS ₹1.69 ₹3.05 Up Tick / Down Tick-44.59%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1374.84 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1242.30 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.75.77 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.116.45 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.13 for the 9 Months period ended December 31, 2023 as compared to Rs.12.64 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹1374.84 crs ₹1242.30 crs Up Tick / Down Tick10.67%
Net Profit ₹75.77 crs ₹116.45 crs Up Tick / Down Tick-34.93%
EPS ₹8.13 ₹12.64 Up Tick / Down Tick-35.68%

Shares of Indoco Remedies Limited was last trading in BSE at Rs. 402.60 as compared to the previous close of Rs. 380.90. The total number of shares traded during the day was 54592 in over 3026 trades.

The stock hit an intraday high of Rs. 409.95 and intraday low of 378.50. The net turnover during the day was Rs. 21882696.00.

Source : Equity Bulls

Keywords

IndocoRemedies Q3FY24 9MFY24 ResultUpdate