Advik Capital announced their Q4 FY24 results on 18th April, 2024, showcasing significant growth in revenue and reduction in losses compared to the previous year.
The company’s topline surged by a staggering 14792.34% year-over-year, while the loss decreased by 33.86% over the same period.
In comparison to the previous quarter, Advik Capital experienced a revenue growth of 6925.32%, although the loss increased by 305.7%.
Despite a decline of 10.72% in Selling, general & administrative expenses quarter-over-quarter, these expenses rose by 128.17% year-over-year.
The operating income saw a substantial increase of 99.6% quarter-over-quarter and 99.64% year-over-year, indicating operational efficiency and growth.
The Earnings Per Share (EPS) for Q4 FY24 stood at ₹-17.8, reflecting a significant decrease of 390.63% year-over-year.
| Period | Q4 FY24 | Q3 FY24 | Q-o-Q Growth | Q4 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 319.83 | 4.55 | +6925.32% | 2.15 | +14792.34% |
| Selling/ General/ Admin Expenses Total | 0.27 | 0.3 | -10.72% | 0.12 | +128.17% |
| Depreciation/ Amortization | 0.28 | 0.15 | +89.56% | 0.06 | +379.17% |
| Total Operating Expense | 320.65 | 206.65 | +55.16% | 228.95 | +40.05% |
| Operating Income | -0.82 | -202.1 | +99.6% | -226.8 | +99.64% |
| Net Income Before Taxes | 0.18 | 1.15 | -84.02% | -1.64 | +111.26% |
| Net Income | -0.94 | 0.46 | -305.7% | -1.42 | +33.86% |
| Diluted Normalized EPS | -17.8 | 2.78 | -739.94% | 6.13 | -390.63% |
FAQs
Question : What is the Q4 FY24 profit/Loss as per company?
Ans : ₹-0.94Cr
Question : What is Q4 FY24 revenue?
Ans : ₹319.83Cr
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Published: 21 Apr 2024, 01:51 AM IST