Zenith Steel Pipes & Industries Q3 FY24 Results
Zenith Steel Pipes & Industries has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:
Revenue Analysis
- Current Quarter Revenue: Rs. 45.84 Cr
- Quarter-on-Quarter (QoQ) Change: 87.90% (Previous Quarter: Rs. 24.40 Cr )
- Year-on-Year (YoY) Change: 84.17% (Same Quarter Last Year: Rs. 24.89 Cr )
Profitability Metrics
- Net Profit: Rs. -0.68 Cr
- QoQ Profit Change: -71.22% (Previous Quarter: Rs. -2.36 Cr )
- YoY Profit Change: 6.99% (Same Quarter Last Year: Rs. -0.64 Cr )
Shareholder Returns
- Earnings Per Share (EPS): Rs. -0.04
- QoQ EPS Change: -75.00% (Previous Quarter: Rs. -0.16)
- YoY EPS Change: -20.00% (Same Quarter Last Year: Rs. -0.05)
Performance Summary
Moderate Growth
Zenith Steel Pipes & Industries had moderate growth, with sales increasing more than profits. They're selling more but might need to manage costs better.
This analysis provides a snapshot of Zenith Steel Pipes & Industries's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.
Disclaimer:
This information is for informational purposes only. Please reverify all details from official sources before making any financial decisions. The accuracy and completeness of this data cannot be guaranteed.