TANFAC Industries Ltd Q1 FY2023-24 net profit at Rs. 18.39 crores

TANFAC INDUSTRIES LTD. 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. 108.6965 crores during the period ended June 30, 2023 as compared to Rs. 121.8238 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 18.3922 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 22.3781 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 18.44 for the period ended June 30, 2023 as compared to Rs. 22.43 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 108.6965 crs	₹121.8238 crs	-10.78%
Net Profit	₹18.3922 crs	₹22.3781 crs	-17.81%
EPS	₹18.44	₹22.43	-17.79%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 108.6965 crores during the period ended June 30, 2023 as compared to Rs.83.4615 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.18.3922 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.8.9804 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.18.44 for the period ended June 30, 2023 as compared to Rs.9 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 108.6965 crs	₹83.4615 crs	30.24%
Net Profit	₹18.3922 crs	₹8.9804 crs	104.80%
EPS	₹18.44	₹9	104.89%

Shares of TANFAC INDUSTRIES LTD. was last trading in BSE at Rs. 1921.60 as compared to the previous close of Rs. 1944.80. The total number of shares traded during the day was 5451 in over 834 trades.

The stock hit an intraday high of Rs. 1967.90 and intraday low of 1901.10. The net turnover during the day was Rs. 10567082.00.

Source : Equity Bulls

Keywords

TANFACIndustries Q1FY24 ResultUpdate