Stock Report

Tata Elxsi Ltd Q2 FY2023-24 net profit increases to Rs. 200.01 crores



Posted On : 2023-10-17 23:41:24( TIMEZONE : IST )

Tata Elxsi Ltd Q2 FY2023-24 net profit increases to Rs. 200.01 crores

Tata Elxsi Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 912.8284 crores during the period ended September 30, 2023 as compared to Rs. 872.4811 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 200.0184 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 188.8527 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 32.12 for the period ended September 30, 2023 as compared to Rs. 30.32 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 912.8284 crs ₹872.4811 crs Up Tick / Down Tick4.62%
Net Profit ₹200.0184 crs ₹188.8527 crs Up Tick / Down Tick5.91%
EPS ₹32.12 ₹30.32 Up Tick / Down Tick5.94%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 912.8284 crores during the period ended September 30, 2023 as compared to Rs.781.8405 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.200.0184 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.174.2774 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.32.12 for the period ended September 30, 2023 as compared to Rs.27.98 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 912.8284 crs ₹781.8405 crs Up Tick / Down Tick16.75%
Net Profit ₹200.0184 crs ₹174.2774 crs Up Tick / Down Tick14.77%
EPS ₹32.12 ₹27.98 Up Tick / Down Tick14.80%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1785.3095 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1518.0480 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.388.8711 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.358.9985 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.62.44 for the 6 Months period ended September 30, 2023 as compared to Rs.57.65 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1785.3095 crs ₹1518.0480 crs Up Tick / Down Tick17.61%
Net Profit ₹388.8711 crs ₹358.9985 crs Up Tick / Down Tick8.32%
EPS ₹62.44 ₹57.65 Up Tick / Down Tick8.31%

Shares of Tata Elxsi Limited was last trading in BSE at Rs. 7449.20 as compared to the previous close of Rs. 7474.55. The total number of shares traded during the day was 6961 in over 1374 trades.

The stock hit an intraday high of Rs. 7510.95 and intraday low of 7400.00. The net turnover during the day was Rs. 51944134.00.

Source : Equity Bulls

Keywords

TataElxsi Q2FY24 H1FY24 ResultUpdate