Titan Intech Ltd Q3 FY24 PAT rises QoQ to Rs. 1.69 crore

Titan Intech Limited 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. 12.2645 crores during the period ended December 31, 2023 as compared to Rs. 10.6648 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 1.6933 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 1.2522 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.54 for the period ended December 31, 2023 as compared to Rs. 1.14 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 12.2645 crs	₹10.6648 crs	15.00%
Net Profit	₹1.6933 crs	₹1.2522 crs	35.23%
EPS	₹1.54	₹1.14	35.09%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 12.2645 crores during the period ended December 31, 2023 as compared to Rs.2.5217 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1.6933 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.0.5170 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.54 for the period ended December 31, 2023 as compared to Rs.2.09 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 12.2645 crs	₹2.5217 crs	386.36%
Net Profit	₹1.6933 crs	₹0.5170 crs	227.52%
EPS	₹1.54	₹2.09	-26.32%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.30.5717 crores during the 9 Months period ended December 31, 2023 as compared to Rs.7.4356 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.3.7249 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.1.2273 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.3.73 for the 9 Months period ended December 31, 2023 as compared to Rs.4.96 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹30.5717 crs	₹7.4356 crs	311.15%
Net Profit	₹3.7249 crs	₹1.2273 crs	203.50%
EPS	₹3.73	₹4.96	-24.80%

Shares of Titan Intech Limited was last trading in BSE at Rs. 59.71 as compared to the previous close of Rs. 59.88. The total number of shares traded during the day was 143225 in over 375 trades.

The stock hit an intraday high of Rs. 60.90 and intraday low of 58.00. The net turnover during the day was Rs. 8538948.00.

Source : Equity Bulls

Keywords

TitanIntech Q3FY24 9MFY24 ResultUpdate