Rushil Decor Reported 11% Jump In Q3 Net Profit; Details Here

Rushil Decor announced Q3FY24 and 9MFY24 for the fiscal year 2023 on Thursday. Shares of Rushil Decor surged 1.48 per cent to Rs 372.20 per share with an intraday high of Rs 388.95.

The company falls under the BSE Small-Cap Index and has a market cap of Rs 987 crore. In the September quarter, FIIs have increased their stake from 0.92 per cent to 0.95 per cent.

Here are the details of financial results:

Nine-month results: The company reported a total income of Rs 610.54 crore, PBT of Rs 45.4 crore and PAT of Rs 34.11 crore in 9MFY24 compared to Rs 624.48 crore, Rs 85.37 crore and Rs 64.11 crore respectively in 9MFY23.

Quarterly results: The total income increased by 1.3 per cent to Rs 213.47 crore, PBT increased by 13.4 per cent to Rs 15.21 crore and PAT increased by 11 per cent to Rs 11.36 crore in Q3FY24 compared to Q3FY23.

Earlier, Rushil Decor, celebrated for its commitment to quality and design, has ascended to the coveted 3-Star Export House status, a testament to its exceptional export performance exceeding Rs 116 crore in the first half of FY24.

Rushil Decor Ltd is primarily engaged in the manufacturing and sale of laminate sheets, medium-density fibre boards, prelaminated medium-density fibre board boards, polyvinyl chloride (PVC) boards and particle boards.

The stock gave multibagger returns of 150 per cent in 3 years & a whopping 900 per cent in a decade.