Tine Agro Ltd posts net profit of Rs. 5.50 crore in Q3FY24

has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 22.6774 crores during the period ended December 31, 2023 as compared to Rs. 3.1231 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 5.5004 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.1793 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.19 for the period ended December 31, 2023 as compared to Rs. 15.806 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 22.6774 crs	₹3.1231 crs	626.12%
Net Profit	₹5.5004 crs	₹0.1793 crs	2,967.71%
EPS	₹2.19	₹15.806	-86.14%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 22.6774 crores during the period ended December 31, 2023 as compared to Rs.1.9051 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.5004 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.0091 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.19 for the period ended December 31, 2023 as compared to Rs.0.016 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 22.6774 crs	₹1.9051 crs	1,090.35%
Net Profit	₹5.5004 crs	₹0.0091 crs	60,343.96%
EPS	₹2.19	₹0.016	13,587.50%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.28.7077 crores during the 9 Months period ended December 31, 2023 as compared to Rs.5.5236 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.5.8425 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.0321 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.2.326 for the 9 Months period ended December 31, 2023 as compared to Rs.0.057 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹28.7077 crs	₹5.5236 crs	419.73%
Net Profit	₹5.8425 crs	₹0.0321 crs	18,100.93%
EPS	₹2.326	₹0.057	3,980.70%

Source : Equity Bulls

Keywords

TineAgro Q3FY24 9MFY24 ResultUpdate