Posted at 8:26 AM
Irani (RANI3) achieved a net profit of R$64.6 million in the third quarter of 2023 (3Q23). This value corresponds to a decline of 32.3% compared to Q3 2022. Figures for the quarter were released on Monday.
Adjusted EBITDA in 3Q23 amounted to R$133.3 million, a margin of 32.7%, a decrease of 2.9% compared to that recorded in 3Q22, which amounted to R$137.3 million, a margin of 31.1%, and 13.9% higher. Compared to the second quarter of 2023. which was R$ 117 million, a margin of 29.7%.
Net revenues amounted to R$407.8 million in the third quarter of 2023, a decrease of 7.6% year-on-year for the comparison.
See more details in the table below:
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