Stock Report

Innovative Tech Pack Ltd Q2 FY2023-24 PAT higher at Rs. 1.29 crore



Posted On : 2023-11-13 20:39:30( TIMEZONE : IST )

Innovative Tech Pack Ltd Q2 FY2023-24 PAT higher at Rs. 1.29 crore

INNOVATIVE TECH PACK LTD. 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. 37.3948 crores during the period ended September 30, 2023 as compared to Rs. 38.0465 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 1.2906 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 0.9883 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.57 for the period ended September 30, 2023 as compared to Rs. 0.44 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 37.3948 crs ₹38.0465 crs Up Tick / Down Tick-1.71%
Net Profit ₹1.2906 crs ₹0.9883 crs Up Tick / Down Tick30.59%
EPS ₹0.57 ₹0.44 Up Tick / Down Tick29.55%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 37.3948 crores during the period ended September 30, 2023 as compared to Rs.39.0348 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.1.2906 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.-1.1974 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.57 for the period ended September 30, 2023 as compared to Rs.-0.54 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 37.3948 crs ₹39.0348 crs Up Tick / Down Tick-4.20%
Net Profit ₹1.2906 crs ₹-1.1974 crs Up Tick / Down Tick207.78%
EPS ₹0.57 ₹-0.54 Up Tick / Down Tick205.56%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.75.4413 crores during the 6 Months period ended September 30, 2023 as compared to Rs.82.1228 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.2.2789 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-0.6441 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.01 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.29 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹75.4413 crs ₹82.1228 crs Up Tick / Down Tick-8.14%
Net Profit ₹2.2789 crs ₹-0.6441 crs Up Tick / Down Tick453.81%
EPS ₹1.01 ₹-0.29 Up Tick / Down Tick448.28%

Shares of INNOVATIVE TECH PACK LTD. was last trading in BSE at Rs. 28.78 as compared to the previous close of Rs. 29.04. The total number of shares traded during the day was 3256 in over 24 trades.

The stock hit an intraday high of Rs. 29.85 and intraday low of 27.66. The net turnover during the day was Rs. 92425.00.

Source : Equity Bulls

Keywords

InnovativeTechPack Q2FY24 H1FY24 ResultUpdate