trending Market Intelligence /marketintelligence/en/news-insights/trending/R8ZpixapeVjLVStiqkIovQ2 content esgSubNav
In This List

IFAD Autos fiscal Q3 profit falls YOY

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


IFAD Autos fiscal Q3 profit falls YOY

4915927 said its normalized net income for the fiscal third quarter ended March 31 amounted to 51 poisha per share, a decline of 61.2% from 1.31 taka per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 82.7 million taka, a decrease of 52.4% from 173.8 million taka in the year-earlier period.

The normalized profit margin increased to 6.6% from 6.0% in the year-earlier period.

Total revenue declined 56.4% on an annual basis to 1.26 billion taka from 2.89 billion taka, and total operating expenses declined 56.9% from the prior-year period to 1.12 billion taka from 2.60 billion taka.

Reported net income fell 42.5% from the prior-year period to 106.2 million taka, or 65 poisha per share, from 184.5 million taka, or 1.39 taka per share.

s of April 30, US$1 was equivalent to 77.92 taka.IFAD Autos Ltd.

4915927 said its normalized net income for the fiscal third quarter ended March 31 amounted to 51 poisha per share, a decline of 61.2% from 1.31 taka per share in the year-earlier period.