Categories AlphaGraphs, Earnings

Electronics Mart India Ltd Q3FY24; 109% rise in Profits

Incorporated in 1980, Electronics Mart India Limited is the 4th largest consumer durable and electronics retailer in India. The company offers a diversified range of products with a focus on large appliances (air conditioners, televisions, washing machines, and refrigerators), mobiles and small appliances, IT, and others. The company’s offering includes more than 6,000 SKUs (stock keeping units) across product categories from more than 70 consumer durable and electronic brands.

Financial Results:

Electronics Mart India Ltd reported Revenues for Q3FY24 of ₹1,789.00 Crores up from ₹1,482.00 Crore year on year, a rise of 20.72%.

Total Expenses for Q3FY24 of ₹1,728.00 Crores up from ₹1,456.00 Crores year on year, a rise of 18.68%.

Consolidated Net Profit of ₹46.00 Crores up 109.09% from ₹22.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.19, up 108.77% from ₹0.57 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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