Tiger Logistics India Ltd Q1 FY2024 PAT declines to Rs. 2.10 crore

Tiger Logistics (India) 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. 42.4284 crores during the period ended June 30, 2023 as compared to Rs. 62.4341 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.1040 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.2087 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 2.09 for the period ended June 30, 2023 as compared to Rs. 2.91 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 42.4284 crs	₹62.4341 crs	-32.04%
Net Profit	₹2.1040 crs	₹2.2087 crs	-4.74%
EPS	₹2.09	₹2.91	-28.18%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 42.4284 crores during the period ended June 30, 2023 as compared to Rs.108.0127 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.1040 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.4.5428 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.2.09 for the period ended June 30, 2023 as compared to Rs.4 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 42.4284 crs	₹108.0127 crs	-60.72%
Net Profit	₹2.1040 crs	₹4.5428 crs	-53.68%
EPS	₹2.09	₹4	-47.75%

Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs. 366.50 as compared to the previous close of Rs. 363.30. The total number of shares traded during the day was 3937 in over 92 trades.

The stock hit an intraday high of Rs. 369.00 and intraday low of 363.30. The net turnover during the day was Rs. 1444012.00.

Source : Equity Bulls

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TigerLogisticsIndia Q1FY24 ResultUpdate