DSIJ Mindshare

According to the quarterly results, the net sales decreased by 2.75 per cent to Rs 8.13 crore while the net profit increased by 91.67 per cent to Rs 0.23 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 24.13 per cent to Rs 35.34 crore and net profit skyrocketed by 246.15 per cent to Rs 0.45 crore compared to FY22.

Talking about the financials, the company has a market cap of Rs 264 crore. The company reported excellent numbers in its quarterly results with net sales increased by 81 per cent to Rs 24.43 crore in Q1FY24 over Q1FY23. The company reported a net profit of Rs 0.23 crore in Q1FY24 compared to a net loss of Rs 0.46 crore in Q1FY23, an increase of 150 per cent.

A closer examination of individual stocks within the Nifty 50 index reveals Tata Consumer Products, Divi’s Laboratories, and Bharti Airtel

According to the quarterly results, the net sales increased by 43.14 per cent to Rs 138.16 crore, operating profit increased by 10.24 per cent to Rs 9.8 crore and net profit increased by 14.58 per cent to Rs 4.4 crore in Q1FY24 compared to Q1FY23.

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