Kohinoor Foods Q2 FY24 results : loss at ₹3.6Cr, Revenue decreased by 22.48% YoY
Kohinoor Foods Q2 FY24 results : Revenue decreased by 22.48% YoY & loss at ₹3.6Cr
Kohinoor Foods declared their Q2 FY24 results on 14 Nov, 2023. The topline decreased by 22.48% & the loss came at ₹3.6cr.
It is noteworthy that Kohinoor Foods had declared a profit of ₹1.75cr in the previous fiscal year same period.
As compared to the previous quarter, the revenue declined by 14.01%.
The Selling, general & administrative expenses rose by 15.13% q-o-q & increased by 15.13% Y-o-Y.
The operating income was down by 74.61% q-o-q & decreased by 47.99% Y-o-Y.
The EPS is ₹-0.97 for Q2 FY24 which decreased by 306.38% Y-o-Y.
Kohinoor Foods has delivered -4.86% return in the last 1 week, -2.18% return in the last 6 months and -30.7% YTD return.
Currently, Kohinoor Foods has a market cap of ₹141.43 Cr and 52wk high/low of ₹83.95 & ₹28.35 respectively.
Kohinoor Foods Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 22.03 | 25.62 | -14.01% | 28.42 | -22.48% |
| Selling/ General/ Admin Expenses Total | 1.75 | 1.52 | +15.13% | 1.52 | +15.13% |
| Depreciation/ Amortization | 1.5 | 1.45 | +3.45% | 1.69 | -11.24% |
| Total Operating Expense | 21.17 | 22.24 | -4.8% | 26.77 | -20.91% |
| Operating Income | 0.86 | 3.38 | -74.61% | 1.65 | -47.99% |
| Net Income Before Taxes | -3.6 | -1.04 | -246.15% | 1.75 | -305.71% |
| Net Income | -3.6 | -1.04 | -246.15% | 1.75 | -305.71% |
| Diluted Normalized EPS | -0.97 | -0.28 | -246.43% | 0.47 | -306.38% |
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