Avanti Feeds declared its Q3 FY24 results on 5 February 2024. The top line increased by 13.66% and the profit increased by 16.04% YoY. Compared to the previous quarter, the revenue decreased by 1.98% and the profit decreased by 2.38%.
Selling, general and administrative expenses decreased by 0.39% qoq & increased by 13.66% YoY.
The operating income increased by 3.66% qoq and increased by 20.72% YoY.
The EPS is ₹5.32 for Q3 FY24, which was up 14.12% YoY.
Avanti Feeds has delivered 11.94% return in the last 1 week, 38.59% return in the last 6 months, and 33.6% YTD return.
Currently, Avanti Feeds has a market cap of ₹7646.11 Cr and 52 weeks high/low of ₹598.5 & ₹321.1 respectively.
On 08 Feb, 2024, out of 1 analysts covering the company, 1 analyst gave a Buy rating.
The consensus recommendation as of 08 Feb, 2024 was Buy.
Period | Q3 FY24 | Q2 FY24 | QoQ Growth | Q3 FY23 | YoY Growth |
---|---|---|---|---|---|
Total Income | 1253.23 | 1278.49 | -1.98% | 1102.58 | +13.66% |
Selling/ General/ Administrative Expenses Total | 47.09 | 47.27 | -0.39% | 41.43 | +13.66% |
Depreciation/ Depreciation | 14.4 | 14.3 | +0.67% | 10.65 | +35.25% |
Total Operating Expense | 1170.63 | 1198.81 | -2.35% | 1034.16 | +13.2% |
Operating Income | 82.6 | 79.68 | +3.66% | 68.42 | +20.72% |
Net Income Before Taxes | 115.71 | 113.28 | +2.14% | 96.48 | +19.93% |
Net income | 72.47 | 74.23 | -2.38% | 62.45 | +16.04% |
Diluted Normalized EPS | 5.32 | 5.45 | -2.39% | 4.66 | +14.12% |
Frequently Asked Questions
Question: What is the Q3 FY24 profit/loss by company?
Answer: ₹ 72.47Cr
Question: What is Q3 FY24 revenue?
Answer: ₹ 1253.23Cr
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Published: 08 Feb 2024, 02:51 IST