Flair Writing Q3 results 2024 will be released in the upcoming weeks. Investors are curious to know about the overall financial reports of the company and its performance after the IPO. Flair Writings IPO opened on 22 November 2023 and closed on 24 November 2023. It was listed on 1 December 2023. The company specializes in manufacturing ball pens, gel pens, metal pens, and other varieties. The previous quarter was profitable for the company. Let us move to the quarterly performance of the company below.
Flair Writing Q3 Results 2024 Date, Earnings, Net Profit, Sales Report
Flair Writings Industries Limited expects to release its Q3 results in 2024 by the end of January 2024. The current quarter is expected to have growth in comparison to the previous quarter. Its quarterly performance for Q1 and Q2 2024 has been positive. Therefore, we can expect the company’s growth for the quarter as well. Flair Writings Limited had an increase in both its 2024 quarterly results.
Flair Writings Industries Limited has an increase in profit in Q2 2024. The company had an increase in expenses and revenues as well. They have recently released their quarterly comparison. The revenue rises from Rs. 246.69 crores to Rs. 257.01 Crores. However, the company has made total operating expenses of Rs. 212.12 Crores for Q2 2024. It also went up in comparison to the previous year.
Q2 also had an increase in profit a little bit. It increased from Rs. 32.13 crores in the first quarter to Rs. 33.15 Crores in the second quarter. The company has an increase in EPS as well. There is a slight improvement in Q2 compared to Q1. The company’s QoQ basis performance was good. Let us talk about its share as well.
Flair Writings has a share price of Rs. 342.80 per share. It had a fall of 23.97% in the last month. The share market depends upon a lot of factors. The company’s stock has been falling since its listing. We have seen the share price fall from Rs. 450.90 to Rs. 342.80. However, the current performance of the company can change the scenarios as well. The investors might show more interest in the company. Flair has not made much improvement in past quarters. However, it’s still in a growing mode. The company has fine-quality pens with a smooth writing experience. They are planning to expand further in the year. We hope you get enough details about Flair Writing Q3 results 2024 updates above.