Tierra Agrotech Ltd consolidated Q1 FY24 net profit at Rs. 4.77 crore

Tierra Agrotech Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 43.9984 crores during the period ended June 30, 2023 as compared to Rs. 8.7688 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 4.7769 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -15.9095 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.85 for the period ended June 30, 2023 as compared to Rs. -6.32 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 43.9984 crs	₹8.7688 crs	401.76%
Net Profit	₹4.7769 crs	₹-15.9095 crs	130.03%
EPS	₹0.85	₹-6.32	113.45%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 43.9984 crores during the period ended June 30, 2023 as compared to Rs.39.0806 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.4.7769 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.3.6365 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.85 for the period ended June 30, 2023 as compared to Rs.1.45 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 43.9984 crs	₹39.0806 crs	12.58%
Net Profit	₹4.7769 crs	₹3.6365 crs	31.36%
EPS	₹0.85	₹1.45	-41.38%

Shares of Tierra Agrotech Limited was last trading in BSE at Rs. 121.10 as compared to the previous close of Rs. 128.00. The total number of shares traded during the day was 4636 in over 58 trades.

The stock hit an intraday high of Rs. 128.00 and intraday low of 118.55. The net turnover during the day was Rs. 574743.00.

Source : Equity Bulls

Keywords

TierraAgrotech Q1FY24 ResultUpdate