EarningsEureka Forbes Q3 Results: Reports 52.5% Increase In Net Profit
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Eureka Forbes Q3 Results: Reports 52.5% Increase In Net Profit
Its revenue from operation grew 10.8% to Rs 597.74 crore during the quarter under review. The same stood at Rs 539.43 crore in the corresponding quarter of fiscal 2024.
Eureka Forbes Ltd, a health and hygiene products maker, on Monday reported a 52.5% increase in its consolidated net profit to Rs 35.03 crore in the December quarter.
Aquaguard water purifier by Eureka Forbes (Source: Company website)
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Eureka Forbes Ltd, a health and hygiene products maker, on Monday reported a 52.5% increase in its consolidated net profit to Rs 35.03 crore in the December quarter. It had a net profit of Rs 22.97 crore in the October-December quarter a year ago, according to a regulatory filing by the company now controlled by private equity firm Advent International.
Its revenue from operation grew 10.8% to Rs 597.74 crore during the quarter under review. The same stood at Rs 539.43 crore in the corresponding quarter of fiscal 2024.
Eureka Forbes' total expenses climbed 8.4% to Rs 554.86 crore in the December quarter.
Total income rose 11% during the quarter under review to Rs 602.17 crore. Shares of Eureka Forbes Ltd were trading at Rs 548.40 apiece on BSE in the afternoon, up 0.33% from the previous close.