Stock Analysis

Modi Rubber Third Quarter 2024 Earnings: EPS: ₹2.24 (vs ₹3.33 in 3Q 2023)

Modi Rubber (NSE:MODIRUBBER) Third Quarter 2024 Results

Key Financial Results

  • Revenue: ₹117.7m (up by ₹103.6m from 3Q 2023).
  • Net income: ₹55.9m (down 33% from 3Q 2023).
  • Profit margin: 48%.
  • EPS: ₹2.24 (down from ₹3.33 in 3Q 2023).
earnings-and-revenue-history
NSEI:MODIRUBBER Earnings and Revenue History February 14th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Modi Rubber shares are down 9.5% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Modi Rubber that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About NSEI:MODIRUBBER

Modi Rubber

Manufactures and sells automobile tyres, tubes, and flaps in India.

Moderate risk with mediocre balance sheet.

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