Odyssey Technologies Ltd Q3 FY24 net profit higher at Rs. 85.63 lakhs

ODYSSEY TECHNOLOGIES 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. 6.8686 crores during the period ended December 31, 2023 as compared to Rs. 6.0485 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.8563 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.2459 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.54 for the period ended December 31, 2023 as compared to Rs. 0.16 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 6.8686 crs	₹6.0485 crs	13.56%
Net Profit	₹0.8563 crs	₹0.2459 crs	248.23%
EPS	₹0.54	₹0.16	237.50%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 6.8686 crores during the period ended December 31, 2023 as compared to Rs.6.2380 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.8563 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.8293 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.54 for the period ended December 31, 2023 as compared to Rs.0.53 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 6.8686 crs	₹6.2380 crs	10.11%
Net Profit	₹0.8563 crs	₹0.8293 crs	3.26%
EPS	₹0.54	₹0.53	1.89%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.18.5542 crores during the 9 Months period ended December 31, 2023 as compared to Rs.17.4987 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.2588 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.1.6196 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.0.79 for the 9 Months period ended December 31, 2023 as compared to Rs.1.02 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹18.5542 crs	₹17.4987 crs	6.03%
Net Profit	₹1.2588 crs	₹1.6196 crs	-22.28%
EPS	₹0.79	₹1.02	-22.55%

Shares of ODYSSEY TECHNOLOGIES LTD. was last trading in BSE at Rs. 89.61 as compared to the previous close of Rs. 83.91. The total number of shares traded during the day was 37565 in over 311 trades.

The stock hit an intraday high of Rs. 90.10 and intraday low of 81.82. The net turnover during the day was Rs. 3291778.00.

Source : Equity Bulls

Keywords

OdysseyTechnologies Q3FY24 9MFY24 ResultUpdate