TANFAC Industries Ltd Q3 FY2023-24 PAT drops to Rs. 10.07 crores

TANFAC INDUSTRIES 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. 88.7260 crores during the period ended December 31, 2023 as compared to Rs. 82.9789 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 10.0797 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 11.3709 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 10.10 for the period ended December 31, 2023 as compared to Rs. 11.40 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 88.7260 crs	₹82.9789 crs	6.93%
Net Profit	₹10.0797 crs	₹11.3709 crs	-11.36%
EPS	₹10.10	₹11.40	-11.40%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 88.7260 crores during the period ended December 31, 2023 as compared to Rs.99.6865 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.10.0797 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.16.2530 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.10.10 for the period ended December 31, 2023 as compared to Rs.16.29 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 88.7260 crs	₹99.6865 crs	-10.99%
Net Profit	₹10.0797 crs	₹16.2530 crs	-37.98%
EPS	₹10.10	₹16.29	-38.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.280.4014 crores during the 9 Months period ended December 31, 2023 as compared to Rs.261.0461 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.39.8428 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.33.7518 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.39.94 for the 9 Months period ended December 31, 2023 as compared to Rs.33.84 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹280.4014 crs	₹261.0461 crs	7.41%
Net Profit	₹39.8428 crs	₹33.7518 crs	18.05%
EPS	₹39.94	₹33.84	18.03%

Shares of TANFAC INDUSTRIES LTD. was last trading in BSE at Rs. 2152.50 as compared to the previous close of Rs. 2324.70. The total number of shares traded during the day was 15193 in over 1055 trades.

The stock hit an intraday high of Rs. 2395.00 and intraday low of 2052.90. The net turnover during the day was Rs. 33960951.00.

Source : Equity Bulls

Keywords

TANFACIndustries Q3FY24 9MFY24 ResultUpdate