HOV Services Ltd Q3FY24 consolidated PAT at Rs. 63.42 lakhs

HOV Services 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. 4.4071 crores during the period ended December 31, 2023 as compared to Rs. 4.7563 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6342 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.7269 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.50 for the period ended December 31, 2023 as compared to Rs. 0.58 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 4.4071 crs	₹4.7563 crs	-7.34%
Net Profit	₹0.6342 crs	₹0.7269 crs	-12.75%
EPS	₹0.50	₹0.58	-13.79%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.4071 crores during the period ended December 31, 2023 as compared to Rs.3.4454 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.6342 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.4894 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.50 for the period ended December 31, 2023 as compared to Rs.0.39 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 4.4071 crs	₹3.4454 crs	27.91%
Net Profit	₹0.6342 crs	₹0.4894 crs	29.59%
EPS	₹0.50	₹0.39	28.21%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.13.1116 crores during the 9 Months period ended December 31, 2023 as compared to Rs.12.2897 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.8777 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.3.7329 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.49 for the 9 Months period ended December 31, 2023 as compared to Rs.2.96 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹13.1116 crs	₹12.2897 crs	6.69%
Net Profit	₹1.8777 crs	₹3.7329 crs	-49.70%
EPS	₹1.49	₹2.96	-49.66%

Shares of HOV Services Limited was last trading in BSE at Rs. 78.00 as compared to the previous close of Rs. 80.00. The total number of shares traded during the day was 5533 in over 37 trades.

The stock hit an intraday high of Rs. 79.95 and intraday low of 78.00. The net turnover during the day was Rs. 432961.00.

Source : Equity Bulls

Keywords

HOVServices Q3FY24 9MFY24 ResultUpdate