Innova Captab PAT climbs 28% YoY in Q3 FY24
Mumbai, Feb. 14 -- Revenue from operations stood at Rs 302.49 crore in the December 2023 quarter, registering a growth of 24.99% YoY.
Profit before tax in Q3 FY24 was at Rs 35.20 crore, up 24.63% from Rs 28.25 crore recorded in the corresponding quarter previous year.
For Q3 FY24, EBITDA grew 27.1% YoY to Rs 46.9 crore as against Rs 36.9 crore recorded in same quarter last year. EBITDA margin improved to 15.5% in Q3 FY24 as compared to 15.3% in corresponding quarter previous fiscal.
Total expenses spiked 24.55% to Rs 269.62 crore in Q3 FY24 over Q3 FY23. Cost of material consumed stood at Rs 190.94 crore (up 16.74%YoY), finance cost was at Rs 6.80 crore (up 14.72%YoY) and employee benefit expenses stood at Rs 25.63 crore (up 87.23%YoY...
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