IM Capitals announced their Q3 FY24 results on 20 Feb, 2024, showcasing impressive growth in both revenue and profit. The company’s revenue surged by 653.75% year-over-year, while the profit saw a remarkable increase of 2227.97% compared to the same period last year.
Despite a slight decline of 5.09% in revenue from the previous quarter, IM Capitals managed to boost their profit by 5.77%. The Selling, general & administrative expenses also witnessed a significant decrease of 66.16% quarter-over-quarter and 29.17% year-over-year.
The operating income of IM Capitals saw a substantial increase of 292.06% quarter-over-quarter and an impressive growth of 1593.66% year-over-year, indicating strong operational performance. The Earnings Per Share (EPS) for Q3 FY24 stood at ₹46.94, marking a substantial growth of 792.4% year-over-year.
In terms of market performance, IM Capitals delivered a -0.3% return in the last week, while showcasing strong returns of 17.13% in the last 6 months and 3.66% year-to-date. The company currently boasts a market capitalization of ₹600.83 Cr with a 52-week high/low of ₹650.65 & ₹263.3 respectively.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 187.72 | 197.78 | -5.09% | 24.91 | +653.75% |
| Selling/ General/ Admin Expenses Total | 0.08 | 0.23 | -66.16% | 0.11 | -29.17% |
| Depreciation/ Amortization | 0.66 | 1.03 | -35.96% | 0.53 | +25.41% |
| Total Operating Expense | 150.69 | 188.33 | -19.99% | 27.38 | +450.25% |
| Operating Income | 37.04 | 9.45 | +292.06% | -2.48 | +1593.66% |
| Net Income Before Taxes | 42.19 | 40.73 | +3.59% | 1.81 | +2225.84% |
| Net Income | 41.86 | 39.57 | +5.77% | 1.8 | +2227.97% |
| Diluted Normalized EPS | 46.94 | 44.38 | +5.77% | 5.26 | +792.4% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹41.86Cr
Question : What is Q3 FY24 revenue?
Ans : ₹187.72Cr
Stay updated on quarterly results with our results calendar
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates & Live Business News.
Published: 22 Feb 2024, 02:54 AM IST