Tarsons Products Ltd Q2FY24; 38% fall in Profits

Tarsons Products Ltd. (TPL) is an Indian labware company engaged in the designing, development, manufacturing, and marketing of ‘consumables’, ‘reusables’ and ‘others’ including benchtop equipment, used in various laboratories across research organizations, academia institutes, pharmaceutical companies, Contract Research Organizations, Diagnostic companies, and hospitals

Financial Results:

Tarsons Products Ltd reported Revenues for Q2FY24 of ₹66.00 Crores down from ₹71.00 Crore year on year, a fall of 7.04%.

Total Expenses for Q2FY24 of ₹52.00 Crores up from ₹47.00 Crores year on year, a rise of 10.64%.

Consolidated Net Profit of ₹13.00 Crores down 38.1% from ₹21.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.41, down 40.20% from ₹4.03 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.