Stock Report

Exide Industries Ltd Q3FY24 consolidated profit drops QoQ to Rs. 200.23 crores



Posted On : 2024-01-24 16:47:02( TIMEZONE : IST )

Exide Industries Ltd Q3FY24 consolidated profit drops QoQ to Rs. 200.23 crores

Exide Industries 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. 4005.03 crores during the period ended December 31, 2023 as compared to Rs. 4408.91 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 200.23 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 269.40 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.36 for the period ended December 31, 2023 as compared to Rs. 3.16 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 4005.03 crs ₹4408.91 crs Up Tick / Down Tick-9.16%
Net Profit ₹200.23 crs ₹ 269.40 crs Up Tick / Down Tick-25.68%
EPS ₹2.36 ₹3.16 Up Tick / Down Tick-25.32%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 4005.03 crores during the period ended December 31, 2023 as compared to Rs.3562.16 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.200.23 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.198.61 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.36 for the period ended December 31, 2023 as compared to Rs.2.34 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 4005.03 crs ₹3562.16 crs Up Tick / Down Tick12.43%
Net Profit ₹200.23 crs ₹198.61 crs Up Tick / Down Tick0.82%
EPS ₹2.36 ₹2.34 Up Tick / Down Tick0.85%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.12681.72 crores during the 9 Months period ended December 31, 2023 as compared to Rs.11490.02 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.691.94 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.642.58 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.8.14 for the 9 Months period ended December 31, 2023 as compared to Rs.7.56 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹12681.72 crs ₹11490.02 crs Up Tick / Down Tick10.37%
Net Profit ₹691.94 crs ₹642.58 crs Up Tick / Down Tick7.68%
EPS ₹8.14 ₹7.56 Up Tick / Down Tick7.67%

Shares of Exide Industries Limited was last trading in BSE at Rs. 314.45 as compared to the previous close of Rs. 321.45. The total number of shares traded during the day was 142599 in over 3574 trades.

The stock hit an intraday high of Rs. 327.45 and intraday low of 313.35. The net turnover during the day was Rs. 45550582.00.

Source : Equity Bulls

Keywords

ExideIndustries Q3FY24 9MFY24 ResultUpdate