IB Infotech Enterprises Ltd Q3 FY2024 profit at Rs. 12.57 lakhs

IB INFOTECH ENTERPRISES 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. 0.9563 crores during the period ended December 31, 2023 as compared to Rs. 1.0137 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.1257 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 0.1131 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.98 for the period ended December 31, 2023 as compared to Rs. 0.88 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 0.9563 crs	₹1.0137 crs	-5.66%
Net Profit	₹0.1257 crs	₹0.1131 crs	11.14%
EPS	₹0.98	₹0.88	11.36%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.9563 crores during the period ended December 31, 2023 as compared to Rs.1.6262 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.1257 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.5324 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.0.98 for the period ended December 31, 2023 as compared to Rs.4.16 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 0.9563 crs	₹1.6262 crs	-41.19%
Net Profit	₹0.1257 crs	₹0.5324 crs	-76.39%
EPS	₹0.98	₹4.16	-76.44%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4.3437 crores during the 9 Months period ended December 31, 2023 as compared to Rs.2.3913 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.0.5759 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.0.5989 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.4.50 for the 9 Months period ended December 31, 2023 as compared to Rs.4.68 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹4.3437 crs	₹2.3913 crs	81.65%
Net Profit	₹0.5759 crs	₹0.5989 crs	-3.84%
EPS	₹4.50	₹4.68	-3.85%

Shares of IB INFOTECH ENTERPRISES LTD. was last trading in BSE at Rs. 128.50 as compared to the previous close of Rs. 126.40. The total number of shares traded during the day was 608 in over 20 trades.

The stock hit an intraday high of Rs. 131.30 and intraday low of 120.15. The net turnover during the day was Rs. 75128.00.

Source : Equity Bulls

Keywords

IBInfotechEnterprises Q3FY24 9MFY24 ResultUpdate