Elantas Beck India Q3 Results Live : Elantas Beck India declared their Q3 results on 28 Oct, 2024, reporting a topline increase of 12.44% year-over-year. However, the company faced challenges as its profit decreased by 10.8% compared to the same period last year.
In a comparison with the previous quarter, the results showed a decline in revenue by 4.08%, while profit took a more significant hit, decreasing by 25.76%. This signals potential headwinds for the company in the upcoming quarters.
The Selling, General & Administrative expenses saw a decline of 7.47% quarter-over-quarter, but they rose significantly by 28.62% year-over-year, indicating rising operational costs that could impact future profitability.
Operating income also faced challenges, showing a decrease of 17.44% quarter-over-quarter and a decline of 17.01% year-over-year. This trend may raise concerns among investors about the company’s efficiency and cost management.
Earnings per share (EPS) for Q3 stood at ₹39.19, reflecting a decline of 10.79% year-over-year. This drop in EPS may affect investor sentiment as it indicates reduced profitability on a per-share basis.
Despite these challenges, Elantas Beck India has delivered a 1.24% return in the last week, along with an impressive 11.21% return over the last six months and a remarkable 49.27% year-to-date return. This suggests that the stock has performed well overall, despite recent quarterly struggles.
Currently, Elantas Beck India has a market capitalization of ₹10,051.47 crore, with a 52-week high of ₹14,980 and a low of ₹6,445. Investors will be keenly watching how the company navigates the challenges highlighted in this quarter’s results.
Elantas Beck India Financials
| Period | Q3 | Q2 | Q-o-Q Growth | Q3 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 183.57 | 191.39 | -4.08% | 163.27 | +12.44% |
| Selling/ General/ Admin Expenses Total | 11.39 | 12.31 | -7.47% | 8.86 | +28.62% |
| Depreciation/ Amortization | 3.86 | 3.22 | +19.88% | 3 | +28.78% |
| Total Operating Expense | 154.28 | 155.91 | -1.04% | 127.97 | +20.56% |
| Operating Income | 29.3 | 35.48 | -17.44% | 35.3 | -17.01% |
| Net Income Before Taxes | 41.6 | 52.4 | -20.61% | 46.64 | -10.81% |
| Net Income | 31.07 | 41.85 | -25.76% | 34.83 | -10.8% |
| Diluted Normalized EPS | 39.19 | 52.79 | -25.76% | 43.93 | -10.79% |
