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Justride Enterprises Q4 FY24 Results: YoY Profit Decreases by 98.46%

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Delta Corp Share Price Live blog for 22 Jan 2024

Justride Enterprises recently announced their financial results for the fourth quarter of the fiscal year 2024 on April 11, 2024. The company’s revenue saw a significant increase of 7821.03% year-on-year (YoY), while the profit took a hit with a decrease of 98.46% YoY.

In comparison to the previous quarter, the revenue witnessed a decline of 14.55% and the profit plummeted by 99.03%. Additionally, selling, general, and administrative expenses decreased by 37.24% quarter-on-quarter (q-o-q) but showed a staggering 672% increase YoY.

The operating income of Justride Enterprises saw a 167.42% increase q-o-q, but experienced a decrease of 39.13% YoY. The earnings per share (EPS) for the fourth quarter of FY24 stood at ₹0, marking a significant 99.85% decrease compared to the previous year.

The financials of Justride Enterprises for the fourth quarter of FY24 are as follows:
– Total Revenue: ₹15.45Cr
– Selling/General/Admin Expenses Total: ₹0.04Cr
– Operating Income: ₹0.07Cr
– Net Income: ₹0Cr
– Diluted Normalized EPS: ₹0

Despite facing challenges in profitability, Justride Enterprises continues to strive for growth and sustainability in the competitive market landscape. Stay informed about the latest financial updates and quarterly results to make informed investment decisions.

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