Stock Report

Rainbow Childrens Medicare Ltd posts consolidated net profit of Rs. 62.12 crores in Q3FY24

Posted On : 2024-01-24 18:38:58( TIMEZONE : IST )

Rainbow Childrens Medicare 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. 344.567 crores during the period ended December 31, 2023 as compared to Rs. 340.498 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 62.125 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 62.908 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 6.12 for the period ended December 31, 2023 as compared to Rs. 6.20 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 344.567 crs	₹340.498 crs	1.20%
Net Profit	₹62.125 crs	₹62.908 crs	-1.24%
EPS	₹6.12	₹6.20	-1.29%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 344.567 crores during the period ended December 31, 2023 as compared to Rs.314.775 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.62.125 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.57.917 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.6.12 for the period ended December 31, 2023 as compared to Rs.5.74 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 344.567 crs	₹314.775 crs	9.46%
Net Profit	₹62.125 crs	₹57.917 crs	7.27%
EPS	₹6.12	₹5.74	6.62%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.980.085 crores during the 9 Months period ended December 31, 2023 as compared to Rs.878.575 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.166.028 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.157.239 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.16.36 for the 9 Months period ended December 31, 2023 as compared to Rs.15.58 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹980.085 crs	₹878.575 crs	11.55%
Net Profit	₹166.028 crs	₹157.239 crs	5.59%
EPS	₹16.36	₹15.58	5.01%

Shares of Rainbow Childrens Medicare Limited was last trading in BSE at Rs. 1223.40 as compared to the previous close of Rs. 1242.60. The total number of shares traded during the day was 6484 in over 1347 trades.

The stock hit an intraday high of Rs. 1251.85 and intraday low of 1212.35. The net turnover during the day was Rs. 7970373.00.