TIPS Industries Ltd Q1FY24 PAT higher at Rs. 27.10 crores

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. 54.6520 crores during the period ended June 30, 2023 as compared to Rs. 53.9461 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 27.1013 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 18.3263 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.11 for the period ended June 30, 2023 as compared to Rs. 1.42 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 54.6520 crs	₹53.9461 crs	1.31%
Net Profit	₹27.1013 crs	₹18.3263 crs	47.88%
EPS	₹2.11	₹1.42	48.59%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 54.6520 crores during the period ended June 30, 2023 as compared to Rs.35.2626 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.27.1013 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.17.1793 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.11 for the period ended June 30, 2023 as compared to Rs.1.32 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 54.6520 crs	₹35.2626 crs	54.99%
Net Profit	₹27.1013 crs	₹17.1793 crs	57.76%
EPS	₹2.11	₹1.32	59.85%

Source : Equity Bulls

Keywords

TIPSIndustries Q1FY24 ResultUpdate