Longview Tea Company Ltd Q3FY24 PAT higher at Rs. 51.35 lakhs

LONGVIEW TEA COMPANY LTD. 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. 1.4419 crores during the period ended December 31, 2023 as compared to Rs. 0.9313 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.5135 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.3268 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.71 for the period ended December 31, 2023 as compared to Rs. 1.09 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 1.4419 crs	₹0.9313 crs	54.83%
Net Profit	₹0.5135 crs	₹0.3268 crs	57.13%
EPS	₹1.71	₹1.09	56.88%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.4419 crores during the period ended December 31, 2023 as compared to Rs.0.5010 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.5135 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.1735 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.71 for the period ended December 31, 2023 as compared to Rs.0.58 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 1.4419 crs	₹0.5010 crs	187.80%
Net Profit	₹0.5135 crs	₹0.1735 crs	195.97%
EPS	₹1.71	₹0.58	194.83%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2.9945 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1.6317 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.3121 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-0.1063 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.4.38 for the 9 Months period ended December 31, 2023 as compared to Rs.-0.35 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹2.9945 crs	₹1.6317 crs	83.52%
Net Profit	₹1.3121 crs	₹-0.1063 crs	1,334.34%
EPS	₹4.38	₹-0.35	1,351.43%

Shares of LONGVIEW TEA COMPANY LTD. was last trading in BSE at Rs. 28.71 as compared to the previous close of Rs. 27.35. The total number of shares traded during the day was 3869 in over 24 trades.

The stock hit an intraday high of Rs. 28.71 and intraday low of 28.35. The net turnover during the day was Rs. 111069.00.

Source : Equity Bulls

Keywords

LongviewTeaCompany Q3FY24 9MFY24 ResultUpdate