Q3 Results: Rushil Decor's net profit up by 11% in Q3FY24

Rushil Decor, a laminate and MDF panel boards manufacturer, has reported a jump of around 11 per cent in its net profit during the quarter ended December 31, 2023.

Its profit after tax stood at Rs 11.35 crore in Q3FY24 as against Rs 10.55 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Revenue from operations of the company in the third quarter stood at Rs 213.47 crore as against Rs 204.18 crore in the previous quarter. 
 
Its income in the third quarter of the last financial year was Rs 210.74 crore. 

The company's profit before tax in the third quarter of the current financial year stood at Rs 15.01 crore which was Rs 13.76 crore in the previous quarter and Rs 13.41 crore in the third quarter of the last financial year.

Ahmedabad-based Rushil Decor is a small-cap stock with a market cap of around Rs 993.99 crore. The company's shares are available for trade on both NSE and BSE. Its shares have delivered multibagger returns to the shareholders, zooming more than 150 per cent in three years.