Radix Industries India Ltd Q3 FY2023-24 profit at Rs. 67.43 lakhs

Radix Industries (India) Limited 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. 8.1491 crores during the period ended December 31, 2023 as compared to Rs. 9.9043 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.6743 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.4497 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.45 for the period ended December 31, 2023 as compared to Rs. 0.30 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 8.1491 crs	₹9.9043 crs	-17.72%
Net Profit	₹0.6743 crs	₹0.4497 crs	49.94%
EPS	₹0.45	₹0.30	50.00%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 8.1491 crores during the period ended December 31, 2023 as compared to Rs.9.6614 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.6743 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.4624 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.45 for the period ended December 31, 2023 as compared to Rs.0.31 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 8.1491 crs	₹9.6614 crs	-15.65%
Net Profit	₹0.6743 crs	₹0.4624 crs	45.83%
EPS	₹0.45	₹0.31	45.16%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.25.1757 crores during the 9 Months period ended December 31, 2023 as compared to Rs.17.1610 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.5850 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.1.0606 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.06 for the 9 Months period ended December 31, 2023 as compared to Rs.0.71 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹25.1757 crs	₹17.1610 crs	46.70%
Net Profit	₹1.5850 crs	₹1.0606 crs	49.44%
EPS	₹1.06	₹0.71	49.30%

Shares of Radix Industries (India) Limited was last trading in BSE at Rs. 154.40 as compared to the previous close of Rs. 150.05. The total number of shares traded during the day was 654 in over 18 trades.

The stock hit an intraday high of Rs. 157.50 and intraday low of 147.55. The net turnover during the day was Rs. 100758.00.

Source : Equity Bulls

Keywords

RadixIndustriesIndia Q3FY24 9MFY24 ResultUpdate