Tierra Agrotech Ltd Q3 FY24 consolidated loss at Rs. 5.89 crore

Tierra Agrotech Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 5.9729 crores during the period ended December 31, 2023 as compared to Rs. 12.3971 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. -5.8910 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. -4.3525 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. -1.06 for the period ended December 31, 2023 as compared to Rs. -0.79 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 5.9729 crs	₹12.3971 crs	-51.82%
Net Profit	₹-5.8910 crs	₹-4.3525 crs	35.35%
EPS	₹-1.06	₹-0.79	34.18%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 5.9729 crores during the period ended December 31, 2023 as compared to Rs.4.1037 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-5.8910 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.-9.6632 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.-1.06 for the period ended December 31, 2023 as compared to Rs.-3.84 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 5.9729 crs	₹4.1037 crs	45.55%
Net Profit	₹-5.8910 crs	₹-9.6632 crs	39.04%
EPS	₹-1.06	₹-3.84	72.40%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.62.3684 crores during the 9 Months period ended December 31, 2023 as compared to Rs.51.9438 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.-5.4666 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.-12.3023 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.-1.08 for the 9 Months period ended December 31, 2023 as compared to Rs.-4.89 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹62.3684 crs	₹51.9438 crs	20.07%
Net Profit	₹-5.4666 crs	₹-12.3023 crs	55.56%
EPS	₹-1.08	₹-4.89	77.91%

Shares of Tierra Agrotech Limited was last trading in BSE at Rs. 91.31 as compared to the previous close of Rs. 91.87. The total number of shares traded during the day was 4127 in over 63 trades.

The stock hit an intraday high of Rs. 94.40 and intraday low of 89.01. The net turnover during the day was Rs. 380074.00.

Source : Equity Bulls

Keywords

TierraAgrotech Q3FY24 9MFY24 ResultUpdate