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Moschip Technologies Ltd Q1FY24; 107% rise in Profits

Moschip Technologies Ltd is a semiconductor and system design company with a focus on Turnkey ASICs, Mixed Signal IP, semiconductor & product engineering, and IoT solutions catering to aerospace & defence, consumer electronics, automotive, medical and networking & telecommunications.

Financial Results:

Moschip Technologies Ltd reported Revenues for Q1FY24 of ₹57.01 Crores up from ₹41.67 Crore year on year, a rise of 36.81%.

Total Expenses for Q1FY24 of ₹55.36 Crores up from ₹41.07 Crores year on year, a rise of 34.79%.

Consolidated Net Profit of ₹3.21 Crores up 107.1% from ₹1.55 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.19, up 90.00% from ₹0.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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