IFCI Q3 results 2024 are out now. IFCI is one of the crucial financial backbones for covering India’s financing for telecom, power, communications, roads, airports, and much more. The company made a good performance in the Q2 but fell on the profit in the current quarter. We will share IFCI Q3 2024 net profits, revenue, and more details below. The shares had around 72.95% growth in the share market in one month. However, it has fallen in the last five days.
IFCI Q3 Results 2024, Net Profit, Revenue, Sales Report
IFCI Q3 results 2024 results are out now. The company made a revenue of ₹469.90 Crore, with a net profit of ₹17.91 Crore. The net profit margins were 3.81%. The company’s revenue increased with a fall in net profit yearly. Apart from that, if we compare the Q3 results with the current quarter, both the revenue and net profits fell quarterly. The company seems to be having a downfall. However, it maintained itself to be profitable for the quarter.
In Q3 2023, the company made a revenue of ₹350.96 Crore with net profits of ₹92.21 Crore. The net profit margins are 26.67%. The quarter showed a rise in revenue to 23.5% yearly, with net profit rise of 113.05%. The company had better numbers in the same quarter the previous year for net profits.
In Q2 2024, the company had a revenue of ₹612.03 Crore with a net profit of ₹96.20 Crore. The net profit margin for the company was 15.72%. Therefore, the compnay had a rise in revenue by 44.03% yearly. While the net profits had a fall of 41.15% from the previous quarter. The company had its best performance in Q2 till now from the previous four quarters.
Apart from that, IFCI Limited has a share price of ₹55.95 per share. The company’s shares increased by 72.95% in the previous month. The past five days have observed a fall forming a staircase on the graph. The share is 5% down in Tuesday’s trade session. It has maintained a stable pace till now. The company has a market cap of ₹13.93 Crore Thousand. The 52-week high is ₹71.80 with a 52-week low of ₹9. The shares opened at ₹ƒrs.55.95 today. We hope you get enough details about IFCI Q3 results 2024 above. Stay tuned for more market news.