Key Points
Prakash Pipes, a leading company in the pipe manufacturing industry, has announced its Q3 FY24 results on 13th February 2024..
However, there has been a significant increase of 72.3% in the company's profit on a year-on-year basis..
In comparison to the previous quarter, Prakash Pipes has experienced a decline of 7.4% in revenue, but the profit has shown a positive growth of 2.07%..
The operating income of Prakash Pipes has shown a remarkable growth of 26.36% quarter-on-quarter and a significant increase of 57.59% year-on-year..
In terms of stock performance, Prakash Pipes has delivered a negative return of -3.84% in the last 1 week..
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