Titagarh Rail Systems Ltd Q1FY24 consolidated net profit jumps to Rs. 61.77 crores

Titagarh Wagons Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 914.6474 crores during the period ended June 30, 2023 as compared to Rs. 981.1985 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 61.7775 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 48.2365 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 5.17 for the period ended June 30, 2023 as compared to Rs. 4.03 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 914.6474 crs	₹981.1985 crs	-6.78%
Net Profit	₹61.7775 crs	₹48.2365 crs	28.07%
EPS	₹5.17	₹4.03	28.29%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 914.6474 crores during the period ended June 30, 2023 as compared to Rs.440.7887 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.61.7775 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.2019 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.5.17 for the period ended June 30, 2023 as compared to Rs.0.10 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 914.6474 crs	₹440.7887 crs	107.50%
Net Profit	₹61.7775 crs	₹1.2019 crs	5,039.99%
EPS	₹5.17	₹0.10	5,070.00%

Shares of Titagarh Wagons Limited was last trading in BSE at Rs. 614.85 as compared to the previous close of Rs. 621.90. The total number of shares traded during the day was 48473 in over 2832 trades.

The stock hit an intraday high of Rs. 625.00 and intraday low of 606.65. The net turnover during the day was Rs. 29735312.00.

Source : Equity Bulls

Keywords

TitagarhRailSystems Q1FY24 ResultUpdate