Bajaj Electricals declared their Q3 FY24 results on 05 Feb, 2024. The topline decreased by 6.2% & the profit decreased by 38.87% YoY. As compared to the previous quarter the revenue grew by 10.37% and the profit increased by 36.95%.
The operating income was down by 5.61% q-o-q & decreased by 68.11% Y-o-Y.
The EPS is ₹3.24 for Q3 FY24 which decreased by 39.9% Y-o-Y.
Bajaj Electricals has delivered 2.3% return in the last 1 week, -3.4% return in last 6 months and 7.53% YTD return.
Currently the Bajaj Electricals has a market cap of ₹12231.88 Cr and 52wk high/low of ₹1177.29 & ₹850.76 respectively.
As of 07 Feb, 2024 out of 16 analysts covering the company, 2 analysts have given Sell rating, 5 analysts have given Hold rating, 5 analysts have given Buy rating &4 analysts have given Strong Buy rating.
The consensus recommendation as on 07 Feb, 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1228.24 | 1112.82 | +10.37% | 1309.48 | -6.2% |
| Depreciation/ Amortization | 29.54 | 26.88 | +9.9% | 17.41 | +69.67% |
| Total Operating Expense | 1200.14 | 1083.05 | +10.81% | 1221.37 | -1.74% |
| Operating Income | 28.1 | 29.77 | -5.61% | 88.11 | -68.11% |
| Net Income Before Taxes | 50.48 | 45.15 | +11.81% | 84.47 | -40.24% |
| Net Income | 37.36 | 27.28 | +36.95% | 61.12 | -38.87% |
| Diluted Normalized EPS | 3.24 | 2.74 | +18.22% | 5.39 | -39.9% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹37.36Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1228.24Cr
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Published: 07 Feb 2024, 02:49 AM IST