Hyderabad, May 23rd, 2024: Titan Intech Ltd, a renowned leader in IT, Data Centre Establishment and digital business transformation, has announced its financial results for the quarter and year ended March 31, 2024.
(₹ in crore)
| Particulars | Q4FY24 | Q4FY23 | YoY | FY24 | FY23 | YoY |
| Revenue | 13.47 | 7.30 | 84.52% | 44.04 | 14.73 | 1.99 times |
| EBITDA | 3.37 | 1.39 | 1.42 times | 9.98 | 3.08 | 2.24 times |
| PAT | 1.90 | 0.53 | 2.62 times | 5.62 | 1.75 | 2.21 times |
| EPS | 1.65 | 1.03 | 4.87 | 3.99 |
Q4FY24 – Highlights
- Revenue from operations was at ₹ 13.47 crore, as compared to ₹ 7.30 crore in Q4 FY23, up by 84.52%
- EBITDA was at ₹ 3.37 crore, as compared to ₹ 1.39 crore in Q4FY23, registered a growth of 1.42 times
- Net profit was at ₹ 1.90 crore, as compared to ₹ 0.53 crore in Q4FY23, registered a growth of 2.62 times
- EPS was at ₹ 1.65, as compared to ₹ 1.03 in FY23
FY24 – Highlights
- Revenue from operations was at ₹ 44.04 crore, as compared to ₹ 14.73 crore in FY23, grown by 1.99 times
- EBITDA was at ₹ 9.98 crore, as compared to ₹ 3.08 crore in FY23, grown by 2.24 times
- Net profit was at ₹ 5.62 crore, as compared to ₹ 1.75 crore in FY23, registered a growth of 2.21
- EPS was at ₹ 4.87, as compared to ₹ 3.99 in FY23
Commenting on the Results, Mr. Sunil Ghanate, Wholetime Director, Titan Intech Ltd said,“We are delighted to report good set of numbers. The company’s performance underscores our commitment to excellence and innovation. Meanwhile, the board recommended issue of bonus shares in the ratio of three equity share for every five existing equity shares held (3:5).”