TechNVision Ventures Ltd Q2 FY2023-24 consolidated PAT jumps to Rs. 2.56 crore

TechNVision Ventures Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 50.0783 crores during the period ended September 30, 2023 as compared to Rs. 31.2334 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 2.5616 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. -6.8385 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.08 for the period ended September 30, 2023 as compared to Rs. -10.90 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 50.0783 crs	₹31.2334 crs	60.34%
Net Profit	₹2.5616 crs	₹-6.8385 crs	137.46%
EPS	₹4.08	₹-10.90	137.43%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 50.0783 crores during the period ended September 30, 2023 as compared to Rs.37.4841 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.5616 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.98 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.08 for the period ended September 30, 2023 as compared to Rs.1.56 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 50.0783 crs	₹37.4841 crs	33.60%
Net Profit	₹2.5616 crs	₹0.98 crs	161.39%
EPS	₹4.08	₹1.56	161.54%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.81.3117 crores during the 6 Months period ended September 30, 2023 as compared to Rs.72.1091 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.-4.2769 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.1.1777 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.-6.82 for the 6 Months period ended September 30, 2023 as compared to Rs.1.88 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹81.3117 crs	₹72.1091 crs	12.76%
Net Profit	₹-4.2769 crs	₹1.1777 crs	-463.16%
EPS	₹-6.82	₹1.88	-462.77%

Shares of TechNVision Ventures Limited was last trading in BSE at Rs. 210.00 as compared to the previous close of Rs. 200.00. The total number of shares traded during the day was 1228 in over 17 trades.

The stock hit an intraday high of Rs. 210.00 and intraday low of 209.80. The net turnover during the day was Rs. 257835.00.

Source : Equity Bulls

Keywords

TechNVisionVentures Q2FY24 H1FY24 ResultUpdate