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Transport Corporation Of India Q3 FY24 Results Live: profit falls by 7.44% YOY – today news

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Transport Corporation Of India declared their Q3 FY24 results on 02 Feb, 2024. The topline increased by 3.65% & the profit decreased by 7.44% YoY. As compared to the previous quarter, the revenue grew by 0.86% and the profit decreased by 8.74%.

The Selling, general & administrative expenses declined by 0.35% q-o-q & increased by 14.85% Y-o-Y.

The operating income was down by 3.61% q-o-q & decreased by 19.54% Y-o-Y.

The EPS is 10.19 for Q3 FY24 which decreased by 7.62% Y-o-Y.

Transport Corporation Of India has delivered 12.88% return in the last 1 week, 28.35% return in the last 6 months, and 18.24% YTD return.

Currently, Transport Corporation Of India has a market cap of 7556.6 Cr and a 52wk high/low of 1079.5 & 591 respectively.

As of 04 Feb, 2024, out of 7 analysts covering the company, 3 analysts have given Buy rating & 5 analysts have given Strong Buy rating.

The consensus recommendation as of 04 Feb, 2024, was to Strong Buy.

Transport Corporation Of India Financials

Period Q3 FY24 Q2 FY24 Q-o-Q Growth Q3 FY23 Y-o-Y Growth
Total Revenue 1002 993.5 +0.86% 966.7 +3.65%
Selling/ General/ Admin Expenses Total 56.6 56.8 -0.35% 49.28 +14.85%
Depreciation/ Amortization 33.1 31.1 +6.43% 31.39 +5.45%
Total Operating Expense 935.2 924.2 +1.19% 883.68 +5.83%
Operating Income 66.8 69.3 -3.61% 83.02 -19.54%
Net Income Before Taxes 91 97.4 -6.57% 97.64 -6.8%
Net Income 79.4 87 -8.74% 85.78 -7.44%
Diluted Normalized EPS 10.19 11.17 -8.77% 11.03 -7.62%

FAQs

Question : What is the Q3 FY24 profit/Loss as per company?

Ans : ₹79.4Cr

Question : What is Q3 FY24 revenue?

Ans : ₹1002Cr

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Published: 04 Feb 2024, 02:47 AM IST



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