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Informed Technologies India Ltd consolidated Q2 FY2024 net profit drops to Rs. 34.99 lakhs



Posted On : 2023-11-02 08:33:08( TIMEZONE : IST )

Informed Technologies India Ltd consolidated Q2 FY2024 net profit drops to Rs. 34.99 lakhs

INFORMED TECHNOLOGIES INDIA LTD. has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1.3256 crores during the period ended September 30, 2023 as compared to Rs. 1.7560 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 0.3499 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.7877 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.84 for the period ended September 30, 2023 as compared to Rs. 1.89 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 1.3256 crs ₹1.7560 crs Up Tick / Down Tick-24.51%
Net Profit ₹0.3499 crs ₹0.7877 crs Up Tick / Down Tick-55.58%
EPS ₹0.84 ₹1.89 Up Tick / Down Tick-55.56%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1.3256 crores during the period ended September 30, 2023 as compared to Rs.1.6195 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.0.3499 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.0.5992 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.84 for the period ended September 30, 2023 as compared to Rs.1.44 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 1.3256 crs ₹1.6195 crs Up Tick / Down Tick-18.15%
Net Profit ₹0.3499 crs ₹0.5992 crs Up Tick / Down Tick-41.61%
EPS ₹0.84 ₹1.44 Up Tick / Down Tick-41.67%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.3.0816 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1.5765 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.1376 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.3768 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.2.73 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.90 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹3.0816 crs ₹1.5765 crs Up Tick / Down Tick95.47%
Net Profit ₹1.1376 crs ₹-0.3768 crs Up Tick / Down Tick401.91%
EPS ₹2.73 ₹-0.90 Up Tick / Down Tick403.33%

Shares of INFORMED TECHNOLOGIES INDIA LTD. was last trading in BSE at Rs. 65.67 as compared to the previous close of Rs. 69.00. The total number of shares traded during the day was 864 in over 18 trades.

The stock hit an intraday high of Rs. 69.00 and intraday low of 65.60. The net turnover during the day was Rs. 57514.00.

Source : Equity Bulls

Keywords

InformedTechnologiesIndia Q2FY24 H1FY24 ResultUpdate