Banco Products (500039) Q3 23/24 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 23/24 earnings summary
20 Oct, 2026Executive summary
Q3 FY24 consolidated gross sales were Rs 56,544 lakh and net profit was Rs 7,759 lakh; nine-month net profit reached Rs 22,356 lakh.
Standalone Q3 gross sales were Rs 22,956 lakh and net profit was Rs 6,074 lakh; nine-month net profit was Rs 20,185 lakh.
Financial highlights
Consolidated gross sales: Rs 56,544 lakh in Q3 vs Rs 50,169 lakh in Q3 FY23; Rs 2,02,475 lakh for 9M vs Rs 1,69,818 lakh.
Consolidated profit before tax: Rs 8,051 lakh in Q3 and Rs 27,711 lakh for 9M, compared with Rs 12,581 lakh and Rs 23,674 lakh, respectively, in the prior-year periods.
Standalone gross sales: Rs 22,956 lakh in Q3 vs Rs 23,146 lakh; Rs 73,243 lakh for 9M vs Rs 73,102 lakh.
Standalone profit before tax: Rs 7,058 lakh in Q3 vs Rs 4,403 lakh; Rs 23,532 lakh for 9M vs Rs 22,787 lakh.
Segment performance
Operations are primarily in the automobile ancillary business, reported as one segment.
Latest events from Banco Products
- FY net profit increased; up to Rs 25 crore approved for subsidiary investment.500039
Q4 23/24 - Consolidated Q2 revenue and profit grew YoY; standalone profit fell.500039Q2 23/24
- 9M consolidated PBT rose YoY; Q3 earnings faced a ₹3,483 lakh FX translation loss.500039Q3 24/25
- Q2 consolidated profit rose YoY as a 1:1 bonus issue was approved.500039Q2 24/25
- FY25 profit rose, with inventory FX gains and working-capital demands shaping results.500039Q4 24/25
- Consolidated PBT reached Rs 16,425 lakh; standalone net profit was Rs 4,790 lakh.500039Q1 25/26
- FY26 consolidated profit rose as sales grew, with a fire claim still awaiting final settlement.500039Q4 25/26
- Consolidated profit increased as a warehouse-fire insurance claim added an exceptional item.500039Q3 25/26
- H1 consolidated profit rose to Rs 24,842 lakh; interim dividend declared at Rs 7 per share.500039Q2 25/26