Titan Intech Ltd Q1 FY2023-24 net profit soars to Rs. 77.95 lakhs

Titan Intech 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. 7.6424 crores during the period ended June 30, 2023 as compared to Rs. 7.2927 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.7795 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 0.5245 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.05 for the period ended June 30, 2023 as compared to Rs. 1.03 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 7.6424 crs	₹7.2927 crs	4.80%
Net Profit	₹0.7795 crs	₹0.5245 crs	48.62%
EPS	₹1.05	₹1.03	1.94%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 7.6424 crores during the period ended June 30, 2023 as compared to Rs.0.7580 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.7795 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.2391 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.05 for the period ended June 30, 2023 as compared to Rs.0.97 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 7.6424 crs	₹0.7580 crs	908.23%
Net Profit	₹0.7795 crs	₹0.2391 crs	226.01%
EPS	₹1.05	₹0.97	8.25%

Shares of Titan Intech Limited was last trading in BSE at Rs. 43.55 as compared to the previous close of Rs. 42.72. The total number of shares traded during the day was 11023 in over 97 trades.

The stock hit an intraday high of Rs. 44.00 and intraday low of 41.13. The net turnover during the day was Rs. 466237.00.

Source : Equity Bulls

Keywords

TitanIntech Q1FY24 ResultUpdate