National Aluminium Company declared their Q3 FY24 results on 13 Feb, 2024. The topline increased by 1.73% & the profit increased by 83.6% YoY. As compared to the previous quarter the revenue grew by 9.97% and the profit increased by 151.19%.
The Selling, general & administrative expenses declined by 3.09% q-o-q & decreased by 6.44% Y-o-Y.
The operating income was up by 194.42% q-o-q & increased by 104.6% Y-o-Y.
The EPS is ₹2.56 for Q3 FY24 which increased by 82.86% Y-o-Y.
National Aluminium Company has delivered -12.78% return in the last 1 week, 56.59% return in last 6 months and 7.58% YTD return.
Currently the National Aluminium Company has a market cap of ₹26070.99 Cr and 52wk high/low of ₹165.55 & ₹75.7 respectively.
As of 15 Feb, 2024 out of 9 analysts covering the company, 1 analyst has given Strong Sell rating, 3 analysts have given Hold rating, 2 analysts have given Buy rating &3 analysts have given Strong Buy rating.
The consensus recommendation as on 15 Feb, 2024 was to Buy.
National Aluminium Company Financials
Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 3346.9 | 3043.42 | +9.97% | 3289.98 | +1.73% |
Selling/ General/ Admin Expenses Total | 439.06 | 453.06 | -3.09% | 469.3 | -6.44% |
Depreciation/ Amortization | 153.79 | 186.15 | -17.38% | 157.06 | -2.08% |
Total Operating Expense | 2727.56 | 2833.06 | -3.72% | 2987.27 | -8.69% |
Operating Income | 619.34 | 210.36 | +194.42% | 302.71 | +104.6% |
Net Income Before Taxes | 650.35 | 256.06 | +153.98% | 347.27 | +87.28% |
Net Income | 470.61 | 187.35 | +151.19% | 256.32 | +83.6% |
Diluted Normalized EPS | 2.56 | 1.02 | +150.87% | 1.4 | +82.86% |
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