Technocraft Industries India Q2 FY24 results: profit rise by 4.72% YOY
Technocraft Industries India Q2 FY24 results: Revenue increased by 9.15% YoY & profit increased by 4.72% YoY
Technocraft Industries India declared their Q2 FY24 results on 10 Nov, 2023. The topline increased by 9.15% & the profit increased by 4.72% YoY. As compared to the previous quarter the revenue declined by 6.58% and the profit decreased by 22.46%.
The Selling, general & administrative expenses rose by 17.97% q-o-q & increased by 33.31% Y-o-Y.
The operating income was down by 25.68% q-o-q & increased by 5.39% Y-o-Y.
The EPS is ₹28.73 for Q2 FY24 which increased by 11.57% Y-o-Y.
Technocraft Industries India has delivered 6.48% return in the last 1 week, 55.07% return in last 6 months and 146.85% YTD return.
Currently the Technocraft Industries India has a market cap of ₹5143.88 Cr and 52wk high/low of ₹2359.7 & ₹801.65 respectively.
Technocraft Industries India Financials
| Period | Q2 FY24 | Q1 FY24 | Q-o-Q Growth | Q2 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 519.9 | 556.51 | -6.58% | 476.32 | +9.15% |
| Selling/ General/ Admin Expenses Total | 73.7 | 62.48 | +17.97% | 55.28 | +33.31% |
| Depreciation/ Amortization | 16.59 | 15.64 | +6.04% | 15.76 | +5.22% |
| Total Operating Expense | 434.59 | 441.73 | -1.62% | 395.38 | +9.92% |
| Operating Income | 85.3 | 114.78 | -25.68% | 80.94 | +5.39% |
| Net Income Before Taxes | 92.48 | 117.78 | -21.48% | 86.91 | +6.41% |
| Net Income | 65.97 | 85.08 | -22.46% | 62.99 | +4.72% |
| Diluted Normalized EPS | 28.73 | 37.05 | -22.46% | 25.75 | +11.57% |
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