Stock Report

Timken India Ltd Q4FY24 net profit zooms to Rs. 141.43 crores



Posted On : 2024-05-09 22:00:47( TIMEZONE : IST )

Timken India Ltd Q4FY24 net profit zooms to Rs. 141.43 crores

Timken India Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 908.516 crores during the period ended March 31, 2024 as compared to Rs. 622.790 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 141.43 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 67.529 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 18.80 for the period ended March 31, 2024 as compared to Rs. 8.98 for the period ended December 31, 2023.

Financials Q4 FY2024 Q3 FY2024 % Change
Total Income ₹908.516 crs ₹622.790 crs Up Tick / Down Tick45.88%
Net Profit ₹141.43 crs ₹67.529 crs Up Tick / Down Tick109.44%
EPS ₹18.80 ₹8.98 Up Tick / Down Tick109.35%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.908.516 crores during the period ended March 31, 2024 as compared to Rs.809.196 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.141.43 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.104.514 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.18.80 for the period ended March 31, 2024 as compared to Rs.13.89 for the period ended March 31, 2023.

Financials Q4 FY2024 Q4 FY2023 % Change
Total Income ₹908.516 crs ₹809.196 crs Up Tick / Down Tick12.27%
Net Profit ₹141.43 crs ₹104.514 crs Up Tick / Down Tick35.32%
EPS ₹18.80 ₹13.89 Up Tick / Down Tick35.35%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2950.306 crores during the Financial Year ended March 31, 2024 as compared to Rs.2859.785 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.392.142 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.390.745 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.52.13 for the Financial Year ended March 31, 2024 as compared to Rs.51.95 for the Financial Year ended March 31, 2023.

Financials Year Ended FY2024 Year Ended FY2023 % Change
Total Income ₹2950.306 crs ₹2859.785 crs Up Tick / Down Tick3.17%
Net Profit ₹392.142 crs ₹390.745 crs Up Tick / Down Tick0.36%
EPS ₹52.13 ₹51.95 Up Tick / Down Tick0.35%

Shares of Timken India Limited was last trading in BSE at Rs. 3344.05 as compared to the previous close of Rs. 3390.90. The total number of shares traded during the day was 2177 in over 497 trades.

The stock hit an intraday high of Rs. 3389.85 and intraday low of 3315.85. The net turnover during the day was Rs. 7290277.00.

Source : Equity Bulls

Keywords

TimkenIndia Q4FY24 FY2024 ResultUpdate