Goyal Aluminiums Q3 FY24 Results Live: Profit Rises by 25.62% YoY

Goyal Aluminiums, a leading aluminium manufacturing company, declared their Q3 FY24 results on 05 Feb, 2024. The company witnessed a decrease of 25.18% in its revenue compared to the same quarter last year. However, the profit showed a significant increase of 25.62% year-on-year (YoY).

In comparison to the previous quarter, Goyal Aluminiums experienced a growth of 19.85% in revenue and a substantial increase of 42.86% in profit.

The Selling, general & administrative expenses of the company rose by 3.54% quarter-on-quarter (QoQ), but decreased by 3.93% year-on-year (YoY).

The operating income of Goyal Aluminiums showed a positive trend, increasing by 26.11% QoQ, but a decrease of 33.54% YoY.

The EPS (Earnings Per Share) for Q3 FY24 stood at ₹0.06, which exhibited a significant decrease of 83.78% YoY.

In terms of returns, Goyal Aluminiums delivered a return of 5.13% in the last 1 week, 22.75% in the last 6 months, and 3.54% year-to-date (YTD).

Currently, Goyal Aluminiums has a market capitalization of ₹146.3 Cr and its 52-week high and low are ₹47.45 and ₹7.2 respectively.