Tainwala Chemical and Plastic India Ltd Q1FY24 net profit at Rs. 26.40 lakhs

Tainwala Chemical and Plastic (I) 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. 7.0289 crores during the period ended June 30, 2023 as compared to Rs. 9.9644 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.2640 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -2.8229 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.28 for the period ended June 30, 2023 as compared to Rs. -3.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.0289 crs	₹9.9644 crs	-29.46%
Net Profit	₹0.2640 crs	₹-2.8229 crs	109.35%
EPS	₹0.28	₹-3.01	109.30%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.0289 crores during the period ended June 30, 2023 as compared to Rs.2.3162 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.2640 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.1380 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.28 for the period ended June 30, 2023 as compared to Rs.0.15 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.0289 crs	₹2.3162 crs	203.47%
Net Profit	₹0.2640 crs	₹0.1380 crs	91.30%
EPS	₹0.28	₹0.15	86.67%

Shares of Tainwala Chemical and Plastic (I) Limited was last trading in BSE at Rs. 134.30 as compared to the previous close of Rs. 128.50. The total number of shares traded during the day was 10763 in over 402 trades.

The stock hit an intraday high of Rs. 141.90 and intraday low of 132.00. The net turnover during the day was Rs. 1464033.00.

Source : Equity Bulls

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TainwalaChemicalandPlasticIndia Q1FY24 ResultUpdate