Tips Industries Q4 Results Live : profit rise by 40.58% YOY
Tips Industries Q4 Results Live : Tips Industries announced their Q4 results on 29 Apr, 2024, showcasing a 21.61% increase in revenue and a significant 40.58% rise in profit year-on-year.
However, the company experienced a 2.42% decline in revenue and a 25.66% decrease in profit compared to the previous quarter.
The Selling, general & administrative expenses saw a substantial 64.34% increase quarter-on-quarter and a significant 110.85% rise year-on-year.
Operating income also faced a downturn with a 30.96% decrease quarter-on-quarter, although it showed a 14.17% increase year-on-year.
The Earnings Per Share (EPS) for Q4 stood at ₹2.06, reflecting a 44.66% year-on-year growth.
Tips Industries’ stock performance has been noteworthy with a 0.85% return in the last week, a 33.39% return in the last 6 months, and a 37.06% Year-to-Date (YTD) return.
The company currently holds a market capitalization of ₹6018.07 Cr with a 52-week high/low of ₹530.95 & ₹150.5 respectively.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 63.26 | 64.83 | -2.42% | 52.02 | +21.61% |
| Selling/ General/ Admin Expenses Total | 4.27 | 2.6 | +64.34% | 2.02 | +110.85% |
| Depreciation/ Amortization | 0.5 | 0.44 | +15.16% | 0.37 | +36.07% |
| Total Operating Expense | 33.58 | 21.84 | +53.72% | 26.02 | +29.04% |
| Operating Income | 29.68 | 42.98 | -30.96% | 25.99 | +14.17% |
| Net Income Before Taxes | 34.92 | 46.35 | -24.66% | 27.85 | +25.38% |
| Net Income | 25.76 | 34.65 | -25.66% | 18.33 | +40.58% |
| Diluted Normalized EPS | 2.06 | 2.7 | -23.78% | 1.42 | +44.66% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹25.76Cr
Question : What is Q4 revenue?
Ans : ₹63.26Cr
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Published: 01 May 2024, 02:26 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.