TIPS Industries Q3FY22 PAT slips QoQ to Rs. 19.92 crore

TIPS Industries Limited has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 45.3821 crores during the period ended December 31, 2021 as compared to Rs. 96.9069 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 19.9268 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 21.0157 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 15.37 for the period ended December 31, 2021 as compared to Rs. 16.20 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 45.3821 crs	₹96.9069 crs	-53.17%
Net Profit	₹19.9268 crs	₹21.0157 crs	-5.18%
EPS	₹15.37	₹16.20	-5.12%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 45.3821 crores during the period ended December 31, 2021 as compared to Rs.32.4439 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.19.9268 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.12.3871 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.15.37 for the period ended December 31, 2021 as compared to Rs.9.55 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 45.3821 crs	₹32.4439 crs	39.88%
Net Profit	₹19.9268 crs	₹12.3871 crs	60.87%
EPS	₹15.37	₹9.55	60.94%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.171.2104 crores during the 9 Months period ended December 31, 2021 as compared to Rs.64.9623 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.55.5237 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.25.1990 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.42.81 for the 9 Months period ended December 31, 2021 as compared to Rs.18.82 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹171.2104 crs	₹64.9623 crs	163.55%
Net Profit	₹55.5237 crs	₹25.1990 crs	120.34%
EPS	₹42.81	₹18.82	127.47%

Shares of TIPS Industries Limited was last trading in BSE at Rs. 2136.25 as compared to the previous close of Rs. 2248.65. The total number of shares traded during the day was 2035 in over 393 trades.

The stock hit an intraday high of Rs. 2287.00 and intraday low of 2136.25. The net turnover during the day was Rs. 4375836.00.

Source : Equity Bulls

Keywords

TIPSIndustries Q3FY22 9MFY22 ResultUpdate