Johnson Controls Hitachi Air Conditioning India Q3 FY24 Results Live : loss rise by 3.63% YOY
Johnson Controls Hitachi Air Conditioning India Q3 FY24 Results Live : Revenue decreased by 42.2% YoY & loss increased by 3.63% YoY
Johnson Controls Hitachi Air Conditioning India declared their Q3 FY24 results on 30 Jan, 2024. The topline decreased by 42.2% & the loss increased by 3.63% YoY. As compared to the previous quarter the revenue grew by 6.93% and the loss decreased by 51.93%.
The Selling, general & administrative expenses declined by 12.86% q-o-q & decreased by 27.77% Y-o-Y.
The operating income was up by 54.37% q-o-q & increased by 10.04% Y-o-Y.
The EPS is ₹-6.9 for Q3 FY24 which decreased by 13.24% Y-o-Y.
Johnson Controls Hitachi Air Conditioning India has delivered -1.86% return in the last 1 week, 17.65% return in the last 6 months, and 2.74% YTD return.
Currently, Johnson Controls Hitachi Air Conditioning India has a market cap of ₹3118.12 Cr and a 52wk high/low of ₹1393 & ₹938 respectively.
As of 01 Feb, 2024, out of 3 analysts covering the company, 1 analyst has given a Strong Sell rating, 1 analyst has given a Hold rating, and 1 analyst has given a Buy rating.
The consensus recommendation as of 01 Feb, 2024 was to Hold.
Johnson Controls Hitachi Air Conditioning India Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 299.56 | 280.15 | +6.93% | 518.26 | -42.2% |
| Selling/ General/ Admin Expenses Total | 36.86 | 42.3 | -12.86% | 51.03 | -27.77% |
| Depreciation/ Amortization | 16.53 | 15.8 | +4.62% | 19.6 | -15.66% |
| Total Operating Expense | 332.19 | 351.66 | -5.54% | 554.53 | -40.1% |
| Operating Income | -32.63 | -71.51 | +54.37% | -36.27 | +10.04% |
| Net Income Before Taxes | -35.27 | -74.7 | +52.78% | -34.82 | -1.29% |
| Net Income | -27.11 | -56.4 | +51.93% | -26.16 | -3.63% |
| Diluted Normalized EPS | -6.9 | -17.81 | +61.28% | -6.09 | -13.24% |
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Business NewsCompaniesCompany ResultsJohnson Controls Hitachi Air Conditioning India Q3 FY24 Results Live : loss rise by 3.63% YOY
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₹-27.11Cr
₹299.56Cr
First Published:1 Feb 2024, 02:26 AM IST
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