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Tips Industries reports 41% rise in Q4 net profit

29 Apr 2024 Evaluate

Tips Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 40.53% rise in its net profit at Rs 25.76 crore for the quarter under review as compared to Rs 18.33 crore for the same quarter in the previous year. Total income of the company increased by 27.14% at Rs 68.59 crore for Q4FY24 as compared Rs 53.95 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 66.19% rise in its net profit at Rs 127.17 crore as compared to Rs 76.52 crore for the previous year. Total income of the company increased by 33.22 % at Rs 255.96 crore for year under review as compared to Rs 192.14 crore for year ended March 31, 2023.


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