{"id":24535,"date":"2024-02-13T10:01:35","date_gmt":"2024-02-13T04:31:35","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2024\/02\/13\/sky-announces-robust-q3-fy24-financials-reporting-total-income-up-by-14-and-ebitda-soars-by-an-impressive-359\/"},"modified":"2024-02-13T10:01:35","modified_gmt":"2024-02-13T04:31:35","slug":"sky-announces-robust-q3-fy24-financials-reporting-total-income-up-by-14-and-ebitda-soars-by-an-impressive-359","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2024\/02\/13\/sky-announces-robust-q3-fy24-financials-reporting-total-income-up-by-14-and-ebitda-soars-by-an-impressive-359\/","title":{"rendered":"Sky Announces Robust Q3 FY24 Financials, Reporting Total Income Up by 14% and EBITDA Soars by an Impressive 359%"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], February 13:<\/strong> Sky Industries\u00a0Limited,\u00a0engaged in the business of\u00a0technical\u00a0textiles,\u00a0more particularly\u00a0manufacturing\u00a0of\u00a0hook &amp; loop tape\u00a0fasteners,\u00a0announced\u00a0its\u00a0unaudited Financial Results for\u00a09M &amp;\u00a0Q3\u00a0FY24.<\/p>\n<p><a><\/a><strong>Q3 FY24\u00a0Key\u00a0Consolidated\u00a0Financials at a Glance:<\/strong><\/p>\n<p>\u2022\u00a0Total Income of\u00a0\u20b9\u00a020.28 Cr, YoY growth of 14.39 %<\/p>\n<p>\u2022\u00a0EBITDA of\u00a0\u20b9\u00a02.38 Cr, YoY growth of 358.63 %<\/p>\n<p>\u2022\u00a0EBITDA Margin of 11.75 %, YoY growth of 882 Bps<\/p>\n<p>\u2022\u00a0Net Profit of\u00a0\u20b9\u00a01.22Cr, YoY growth from Loss to Profit<\/p>\n<p>\u2022\u00a0Net Profit Margin of 6.03 %, YoY growth from Loss to Profit<\/p>\n<p>\u2022\u00a0EPS of\u00a0\u20b9\u00a01.55, YoY growth from Loss to Profit<\/p>\n<p><strong>9M FY24\u00a0Key\u00a0Consolidated\u00a0Financials at a Glance:<\/strong><\/p>\n<p>\u2022\u00a0Total Income of\u00a0\u20b9\u00a062.23 Cr, YoY growth of 8.04 %<\/p>\n<p>\u2022\u00a0EBITDA of\u00a0\u20b9\u00a06.38 Cr, YoY growth of 57.74 %<\/p>\n<p>\u2022\u00a0EBITDA Margin of 10.25 %, YoY growth of 323 Bps<\/p>\n<p>\u2022\u00a0Net Profit of\u00a0\u20b9\u00a03.14 Cr, YoY growth of 157.39 %<\/p>\n<p>\u2022\u00a0Net Profit Margin of 5.05 %, YoY growth of 293 Bps<\/p>\n<p>\u2022\u00a0EPS of\u00a0\u20b9\u00a03.99, YoY growth of 152.53 %<\/p>\n<p>Mr. Maikal Raorani, Whole Time Director and CFO, Sky Industries Limited, said \u201cWe are delighted to announce our Q3 FY24 results, wherein our focus on cost efficiency and strategic initiatives has significantly enhanced our profitability ratios. Despite the prevailing challenges, we have demonstrated agility and determination, reinforcing our standing in the industry.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], February 13: Sky Industries\u00a0Limited,\u00a0engaged in the business of\u00a0technical\u00a0textiles,\u00a0more particularly\u00a0manufacturing\u00a0of\u00a0hook &amp; loop tape\u00a0fasteners,\u00a0announced\u00a0its\u00a0unaudited Financial Results for\u00a09M &amp;\u00a0Q3\u00a0FY24. Q3 FY24\u00a0Key\u00a0Consolidated\u00a0Financials at a Glance: \u2022\u00a0Total [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-24535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/24535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=24535"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/24535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media\/24536"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=24535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=24535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=24535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}