International Combustion India Ltd Q3 FY2023-24 net profit increases to Rs. 5.51 crores

INTERNATIONAL COMBUSTION (INDIA) LTD. 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. 73.5259 crores during the period ended December 31, 2023 as compared to Rs. 73.6121 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 5.5135 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 5.0172 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 23.06 for the period ended December 31, 2023 as compared to Rs. 20.99 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 73.5259 crs	₹73.6121 crs	-0.12%
Net Profit	₹5.5135 crs	₹5.0172 crs	9.89%
EPS	₹23.06	₹20.99	9.86%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 73.5259 crores during the period ended December 31, 2023 as compared to Rs.59.8758 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.5135 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.3.3958 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.23.06 for the period ended December 31, 2023 as compared to Rs.14.21 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 73.5259 crs	₹59.8758 crs	22.80%
Net Profit	₹5.5135 crs	₹3.3958 crs	62.36%
EPS	₹23.06	₹14.21	62.28%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.216.2580 crores during the 9 Months period ended December 31, 2023 as compared to Rs.158.5166 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.16.2495 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.8260 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.67.98 for the 9 Months period ended December 31, 2023 as compared to Rs.20.19 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹216.2580 crs	₹158.5166 crs	36.43%
Net Profit	₹16.2495 crs	₹4.8260 crs	236.71%
EPS	₹67.98	₹20.19	236.70%

Shares of INTERNATIONAL COMBUSTION (INDIA) LTD. was last trading in BSE at Rs. 1645.65 as compared to the previous close of Rs. 1471.95. The total number of shares traded during the day was 11523 in over 512 trades.

The stock hit an intraday high of Rs. 1679.90 and intraday low of 1466.50. The net turnover during the day was Rs. 18365389.00.

Source : Equity Bulls

Keywords

InternationalCombustionIndia Q3FY24 9MFY24 ResultUpdate