The Tinplate Company of India Ltd Q1FY24 PAT declines to Rs. 2.62 crore

The Tinplate Company of India Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 931.2772 crores during the period ended June 30, 2023 as compared to Rs. 1050.4512 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.6262 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 56.5617 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.25 for the period ended June 30, 2023 as compared to Rs. 5.40 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹931.2772 crs	₹1050.4512 crs	-11.35%
Net Profit	₹2.6262 crs	₹56.5617 crs	-95.36%
EPS	₹0.25	₹5.40	-95.37%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.931.2772 crores during the period ended June 30, 2023 as compared to Rs.1017.1662 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.6262 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.84.9799 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.25 for the period ended June 30, 2023 as compared to Rs.8.12 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹931.2772 crs	₹1017.1662 crs	-8.44%
Net Profit	₹2.6262 crs	₹84.9799 crs	-96.91%
EPS	₹0.25	₹8.12	-96.92%

Shares of The Tinplate Company of India Limited was last trading in BSE at Rs. 352.20 as compared to the previous close of Rs. 349.35. The total number of shares traded during the day was 52946 in over 2943 trades.

The stock hit an intraday high of Rs. 356.90 and intraday low of 340.95. The net turnover during the day was Rs. 18649734.00.

Source : Equity Bulls

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TheTinplateCompanyofIndia Q1FY24 ResultUpdate