Go Fashion India Ltd posts Rs. 23.40 crores net profit in Q3 FY2024

Go Fashion 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. 206.3107 crores during the period ended December 31, 2023 as compared to Rs. 192.7690 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 23.4034 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 20.0417 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 4.33 for the period ended December 31, 2023 as compared to Rs. 3.71 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹206.3107 crs	₹192.7690 crs	7.02%
Net Profit	₹23.4034 crs	₹20.0417 crs	16.77%
EPS	₹4.33	₹3.71	16.71%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.206.3107 crores during the period ended December 31, 2023 as compared to Rs.178.2069 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.23.4034 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.24.3138 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.4.33 for the period ended December 31, 2023 as compared to Rs.4.50 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹206.3107 crs	₹178.2069 crs	15.77%
Net Profit	₹23.4034 crs	₹24.3138 crs	-3.74%
EPS	₹4.33	₹4.50	-3.78%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.592.7109 crores during the 9 Months period ended December 31, 2023 as compared to Rs.513.0062 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.69.7246 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.68.0223 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.12.91 for the 9 Months period ended December 31, 2023 as compared to Rs.12.59 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹592.7109 crs	₹513.0062 crs	15.54%
Net Profit	₹69.7246 crs	₹68.0223 crs	2.50%
EPS	₹12.91	₹12.59	2.54%

Shares of Go Fashion India Ltd was last trading in BSE at Rs. 1045.05 as compared to the previous close of Rs. 1067.50. The total number of shares traded during the day was 1196 in over 292 trades.

The stock hit an intraday high of Rs. 1075.00 and intraday low of 1038.65. The net turnover during the day was Rs. 1258003.00.

Source : Equity Bulls

Keywords

GoFashionIndia Q3FY24 9MFY24 ResultUpdate