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{"id":24701,"date":"2024-02-16T15:34:15","date_gmt":"2024-02-16T10:04:15","guid":{"rendered":"https:\/\/newstrackbhopal.com\/index.php\/2024\/02\/16\/focus-lighting-fixtures-net-profit-soars-by-56-in-9m-fy24\/"},"modified":"2024-02-16T15:34:15","modified_gmt":"2024-02-16T10:04:15","slug":"focus-lighting-fixtures-net-profit-soars-by-56-in-9m-fy24","status":"publish","type":"post","link":"https:\/\/newstrackbhopal.com\/index.php\/2024\/02\/16\/focus-lighting-fixtures-net-profit-soars-by-56-in-9m-fy24\/","title":{"rendered":"Focus Lighting &amp; Fixtures\u2019 Net Profit Soars by 56% in 9M FY24"},"content":{"rendered":"<div>\n<p><strong>Mumbai (Maharashtra) [India], February 16:<\/strong> Focus Lighting &amp; Fixtures Limited.\u00a0(NSE \u2013 FOCUS),\u00a0engaged in manufacturing &amp;\u00a0innovative lighting solutions of LED lights and fixtures,\u00a0<a><\/a>announced\u00a0its\u00a0Unaudited Financial Results for\u00a09M\u00a0FY24.<\/p>\n<p><strong>Key Financial Highlights<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>\u00a0Particulars (\u20b9\u00a0Cr)<\/td>\n<td>9M FY24<\/td>\n<td>9M FY23<\/td>\n<td>YoY<\/td>\n<\/tr>\n<tr>\n<td>Total Income<\/td>\n<td>169.73<\/td>\n<td>128.85<\/td>\n<td>31.73%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>38.81<\/td>\n<td>26.88<\/td>\n<td>44.37%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA (%)<\/td>\n<td>22.86<\/td>\n<td>20.86<\/td>\n<td>200 Bps<\/td>\n<\/tr>\n<tr>\n<td>Profit Before Tax<\/td>\n<td>32.96<\/td>\n<td>23.01<\/td>\n<td>43.23%<\/td>\n<\/tr>\n<tr>\n<td>Net Profit<\/td>\n<td>28.45\u00a0<\/td>\n<td>18.19\u00a0<\/td>\n<td>56.42%<\/td>\n<\/tr>\n<tr>\n<td>NPM (%)<\/td>\n<td>16.76<\/td>\n<td>14.12<\/td>\n<td>265\u00a0Bps<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption class=\"wp-element-caption\"><strong>Key Financial Highlights<\/strong><\/figcaption><\/figure>\n<p>Commenting on the performance, Mr. Amit Sheth, Managing Director of Focus Lighting &amp; Fixtures said, \u201d We\u2019re thrilled to announce outstanding financial performance in the first nine months of FY24, marked by significant growth across key indicators. Achieving milestones in revenue and net profit compared to FY23 reflects our dedication to continuous improvement and success, this underscores our unwavering dedication to innovation, product excellence, and customer satisfaction. Our sustained efforts, combined with the introduction of our revolutionary \u2018Optical\u2019 outdoor technology, have not only enabled us to seize market opportunities effectively but also propelled us towards long-term sustainable growth. As we continue to set new industry standards and redefine possibilities in LED lighting, we remain steadfast in our mission to drive innovation.\u201d<\/p>\n<p><strong>Highlights for Q3 FY24 (October 2023 \u2013 December 2023)<\/strong><\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>ACETECH 2023<\/td>\n<td>The Company participated in Ace Tech 2023, a major architectural exhibition in India held at the Bombay Exhibition Centre from November 2nd to 5th.<\/td>\n<\/tr>\n<tr>\n<td>Introduces\u00a0Optical\u00a0technology.<\/td>\n<td>The company unveils \u2018Optical,\u2019 a revolutionary Outdoor Technology with unprecedented narrow beam color mixing (3 degrees) and dynamic beam angle adjustments, setting new industry standards in LED lighting.<\/td>\n<\/tr>\n<\/tbody>\n<\/table><figcaption class=\"wp-element-caption\"><strong>Highlights for Q3 FY24<\/strong><\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], February 16: Focus Lighting &amp; Fixtures Limited.\u00a0(NSE \u2013 FOCUS),\u00a0engaged in manufacturing &amp;\u00a0innovative lighting solutions of LED lights and fixtures,\u00a0announced\u00a0its\u00a0Unaudited Financial Results for\u00a09M\u00a0FY24. Key Financial Highlights \u00a0Particulars (\u20b9\u00a0Cr) 9M FY24 9M FY23 YoY Total Income 169.73 128.85 31.73% EBITDA 38.81 26.88 44.37% EBITDA (%) 22.86 20.86 200 Bps Profit Before Tax 32.96 23.01 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24702,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[627],"class_list":["post-24701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"wpmagazine_modules_lite_featured_media_urls":{"thumbnail":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-150x150.jpg",150,150,true],"cvmm-medium":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-300x300.jpg",300,300,true],"cvmm-medium-plus":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-305x207.jpg",305,207,true],"cvmm-portrait":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-400x600.jpg",400,600,true],"cvmm-medium-square":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-600x600.jpg",600,600,true],"cvmm-large":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-1024x675.jpg",1024,675,true],"cvmm-small":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15-130x95.jpg",130,95,true],"full":["https:\/\/newstrackbhopal.com\/wp-content\/uploads\/2024\/02\/NW-1-15.jpg",1200,675,false]},"categories_names":{"2":{"name":"Business","link":"https:\/\/newstrackbhopal.com\/index.php\/category\/business\/"}},"tags_names":{"627":{"name":"business","link":"https:\/\/newstrackbhopal.com\/index.php\/tag\/business\/"}},"comments_number":"0","_links":{"self":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/24701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/comments?post=24701"}],"version-history":[{"count":0,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/posts\/24701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media\/24702"}],"wp:attachment":[{"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/media?parent=24701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/categories?post=24701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newstrackbhopal.com\/index.php\/wp-json\/wp\/v2\/tags?post=24701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}