Cosco India Q3 FY24 Results Live: Profit Rises by 116.06% YoY

Cosco India, a leading company in the industry, has announced their Q3 FY24 results on 14th February 2024. The company's revenue has witnessed a growth of 3.14% compared to the same period last year. Additionally, the profit has surged by an impressive 116.06% YoY.

When compared to the previous quarter, the revenue has declined slightly by 1.36%. However, the profit has seen a substantial increase of 75.1%.

The Selling, General & Administrative (SG&A) expenses have shown a slight increase of 0.26% compared to the previous quarter. On a yearly basis, the SG&A expenses have risen by 4.9%.

The operating income of Cosco India has experienced a significant growth of 17.35% compared to the previous quarter. On a yearly basis, the operating income has increased by 34.4%.

The earnings per share (EPS) for Q3 FY24 stands at ₹2.77, showing a remarkable increase of 116.41% YoY.

In terms of returns, Cosco India has delivered a negative return of -3.66% in the last 1 week. However, the company has performed well in the longer term, with a return of 27.93% in the last 6 months and 17.27% year-to-date (YTD).

As of now, Cosco India has a market capitalization of ₹111.31 Cr. The 52-week high and low for the company's stock are ₹310 and ₹145 respectively.