Stock Report

TIPS Industries Ltd Q2 FY2024 profit higher at Rs. 39.64 crores



Posted On : 2023-10-20 12:10:41( TIMEZONE : IST )

TIPS Industries Ltd Q2 FY2024 profit higher at Rs. 39.64 crores

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. 64.4705 crores during the period ended September 30, 2023 as compared to Rs. 54.6520 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 39.6482 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 27.1013 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.09 for the period ended September 30, 2023 as compared to Rs. 2.11 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 64.4705 crs ₹54.6520 crs Up Tick / Down Tick17.97%
Net Profit ₹39.6482 crs ₹27.1013 crs Up Tick / Down Tick46.30%
EPS ₹3.09 ₹2.11 Up Tick / Down Tick46.45%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 64.4705 crores during the period ended September 30, 2023 as compared to Rs.50.7022 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.39.6482 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.20.8239 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.09 for the period ended September 30, 2023 as compared to Rs.1.61 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 64.4705 crs ₹50.7022 crs Up Tick / Down Tick27.16%
Net Profit ₹39.6482 crs ₹20.8239 crs Up Tick / Down Tick90.40%
EPS ₹3.09 ₹1.61 Up Tick / Down Tick91.93%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.119.1225 crores during the 6 Months period ended September 30, 2023 as compared to Rs.85.9648 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.66.7495 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.38.0032 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.5.20 for the 6 Months period ended September 30, 2023 as compared to Rs.2.93 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹119.1225 crs ₹85.9648 crs Up Tick / Down Tick38.57%
Net Profit ₹66.7495 crs ₹38.0032 crs Up Tick / Down Tick75.64%
EPS ₹5.20 ₹2.93 Up Tick / Down Tick77.47%

Source : Equity Bulls

Keywords

TIPSIndustries Q2FY24 H1FY24 ResultUpdate