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HomeBusinessIndo Rama Synthetics India Q3FY24 Live Results: Losses Widen 50.17% YoY

Indo Rama Synthetics India Q3FY24 Live Results: Losses Widen 50.17% YoY

Indo Rama Synthetics India declared its Q3FY24 results on February 8, 2024. Revenue increased by 5.67% and losses increased by 50.17% YoY. Compared to the previous quarter, revenue decreased by 25.35% and losses increased by 1,028.96%.

Selling, general and administrative expenses decreased 17.75% quarter-over-quarter and increased 4.49% year-over-year.

Operating income decreased 410.83% quarter-on-quarter and 36.64% year-on-year.

The EPS is $-3.79 for Q3FY24, which decreased by 50.4% YoY.

Indo Rama Synthetics India has returned -3.44% in the last week, a return of 36.92% in the last 6 months, and a return of 18.52% year-to-date.

Currently, Indo Rama Synthetics India has a market capitalization of $1612.37 Cr and a maximum/minimum of 52 weeks of $67.1 and $36.3 respectively.

Indo Rama Synthetics India Financial Information

PeriodQ3 FY24Second Quarter FY24Quarter-on-quarter growthQ3 AF23Year-on-year growth
Total income940.11259.42-25.35%889.68+5.67%
Total selling/general/administrative expenses28.434.53-17.75%27.18+4.49%
Depreciation and amortization10.129.82+3.05%7.64+32.46%
Total operating expense1004.11238.83-18.95%936.52+7.22%
Operating income-6420.59-410.83%-46.84-36.64%
Net profit before taxes-99.01-8.77-1028.96%-65.93-50.17%
Net income-99.01-8.77-1028.96%-65.93-50.17%
Diluted Normalized EPS-3.79-0.34-1014.71%-2.52-50.4%

Frequent questions

Question: What is the company’s Q3FY24 profit/loss?

Answer: ₹-99.01 Cr

Question: What is the revenue for Q3 FY24?

Answer: ₹940.1Cr

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Posted: Feb 10, 2024, 03:45 am IST

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