Stock Report

Avantel Ltd Q3FY24 consolidated PAT at Rs. 16.32 crores



Posted On : 2024-01-19 14:31:53( TIMEZONE : IST )

Avantel Ltd Q3FY24 consolidated PAT at Rs. 16.32 crores

has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 59.6838 crores during the period ended December 31, 2023 as compared to Rs. 54.7288 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 16.3211 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 16.0732 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.67 for the period ended December 31, 2023 as compared to Rs. 0.66 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 59.6838 crs ₹54.7288 crs Up Tick / Down Tick9.05%
Net Profit ₹16.3211 crs ₹16.0732 crs Up Tick / Down Tick1.54%
EPS ₹0.67 ₹0.66 Up Tick / Down Tick1.52%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 59.6838 crores during the period ended December 31, 2023 as compared to Rs.38.99 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.16.3211 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.6.6871 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.67 for the period ended December 31, 2023 as compared to Rs.0.27 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 59.6838 crs ₹38.99 crs Up Tick / Down Tick53.07%
Net Profit ₹16.3211 crs ₹6.6871 crs Up Tick / Down Tick144.07%
EPS ₹0.67 ₹0.27 Up Tick / Down Tick148.15%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.183.5668 crores during the 9 Months period ended December 31, 2023 as compared to Rs.102.3102 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.40.4023 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.17.2109 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.1.65 for the 9 Months period ended December 31, 2023 as compared to Rs.0.71 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹183.5668 crs ₹102.3102 crs Up Tick / Down Tick79.42%
Net Profit ₹40.4023 crs ₹17.2109 crs Up Tick / Down Tick134.75%
EPS ₹1.65 ₹0.71 Up Tick / Down Tick132.39%

Source : Equity Bulls

Keywords

Avantel Q3FY24 9MFY24 ResultUpdate