Tera Software Ltd Q1 FY2023-24 PAT slides QoQ to Rs. 79.21 lakhs

Tera Software 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. 20.5247 crores during the period ended June 30, 2023 as compared to Rs. 46.6449 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7921 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 3.5015 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.63 for the period ended June 30, 2023 as compared to Rs. 2.80 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 20.5247 crs	₹46.6449 crs	-56.00%
Net Profit	₹0.7921 crs	₹3.5015 crs	-77.38%
EPS	₹0.63	₹2.80	-77.50%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 20.5247 crores during the period ended June 30, 2023 as compared to Rs.28.9929 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.7921 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-0.5937 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.63 for the period ended June 30, 2023 as compared to Rs.-0.47 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 20.5247 crs	₹28.9929 crs	-29.21%
Net Profit	₹0.7921 crs	₹-0.5937 crs	233.42%
EPS	₹0.63	₹-0.47	234.04%

Shares of Tera Software Limited was last trading in BSE at Rs. 48.80 as compared to the previous close of Rs. 48.58. The total number of shares traded during the day was 8417 in over 43 trades.

The stock hit an intraday high of Rs. 49.95 and intraday low of 46.30. The net turnover during the day was Rs. 406976.00.

Source : Equity Bulls

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TeraSoftware Q1FY24 ResultUpdate