Stock Report

Titan Intech Ltd Q2 FY2023-24 PAT higher at Rs. 1.25 crore



Posted On : 2023-11-04 13:56:34( TIMEZONE : IST )

Titan Intech Ltd Q2 FY2023-24 PAT higher at Rs. 1.25 crore

Titan Intech 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. 10.6648 crores during the period ended September 30, 2023 as compared to Rs. 7.6424 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.2522 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.7795 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 1.14 for the period ended September 30, 2023 as compared to Rs. 1.05 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 10.6648 crs ₹7.6424 crs Up Tick / Down Tick39.55%
Net Profit ₹1.2522 crs ₹0.7795 crs Up Tick / Down Tick60.64%
EPS ₹1.14 ₹1.05 Up Tick / Down Tick8.57%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 10.6648 crores during the period ended September 30, 2023 as compared to Rs.4.1559 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.2522 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.4475 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.1.14 for the period ended September 30, 2023 as compared to Rs.1.81 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 10.6648 crs ₹4.1559 crs Up Tick / Down Tick156.62%
Net Profit ₹1.2522 crs ₹0.4475 crs Up Tick / Down Tick179.82%
EPS ₹1.14 ₹1.81 Up Tick / Down Tick-37.02%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.18.3072 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4.9139 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.0317 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.0.7103 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.85 for the 6 Months period ended September 30, 2023 as compared to Rs.2.87 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹18.3072 crs ₹4.9139 crs Up Tick / Down Tick272.56%
Net Profit ₹2.0317 crs ₹0.7103 crs Up Tick / Down Tick186.03%
EPS ₹1.85 ₹2.87 Up Tick / Down Tick-35.54%

Shares of Titan Intech Limited was last trading in BSE at Rs. 61.05 as compared to the previous close of Rs. 59.56. The total number of shares traded during the day was 55788 in over 300 trades.

The stock hit an intraday high of Rs. 62.49 and intraday low of 58.00. The net turnover during the day was Rs. 3443441.00.

Source : Equity Bulls

Keywords

TitanIntech Q2FY24 H1FY24 ResultUpdate