Stock Report

Thangamayil Jewellery Ltd Q2 FY2023-24 net profit declines to Rs. 8.39 crores



Posted On : 2023-11-01 20:01:16( TIMEZONE : IST )

Thangamayil Jewellery Ltd Q2 FY2023-24 net profit declines to Rs. 8.39 crores

Thangamayil Jewellery Limited has reported Standalone financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 993.44 crores during the period ended September 30, 2023 as compared to Rs. 960.10 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 8.39 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 58.61 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 3.06 for the period ended September 30, 2023 as compared to Rs. 21.36 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 993.44 crs ₹960.10 crs Up Tick / Down Tick3.47%
Net Profit ₹8.39 crs ₹58.61 crs Up Tick / Down Tick-85.69%
EPS ₹3.06 ₹21.36 Up Tick / Down Tick-85.67%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 993.44 crores during the period ended September 30, 2023 as compared to Rs.813.45 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.8.39 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.15.95 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.3.06 for the period ended September 30, 2023 as compared to Rs.5.81 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 993.44 crs ₹813.45 crs Up Tick / Down Tick22.13%
Net Profit ₹8.39 crs ₹15.95 crs Up Tick / Down Tick-47.40%
EPS ₹3.06 ₹5.81 Up Tick / Down Tick-47.33%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1953.54 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1639.86 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.67 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.34.94 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.24.42 for the 6 Months period ended September 30, 2023 as compared to Rs.12.73 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹1953.54 crs ₹1639.86 crs Up Tick / Down Tick19.13%
Net Profit ₹67 crs ₹34.94 crs Up Tick / Down Tick91.76%
EPS ₹24.42 ₹12.73 Up Tick / Down Tick91.83%

Shares of Thangamayil Jewellery Limited was last trading in BSE at Rs. 1284.30 as compared to the previous close of Rs. 1427.00. The total number of shares traded during the day was 29465 in over 1542 trades.

The stock hit an intraday high of Rs. 1471.00 and intraday low of 1284.30. The net turnover during the day was Rs. 39256376.00.

Source : Equity Bulls

Keywords

ThangamayilJewellery Q2FY24 H1FY24 ResultUpdate