Inkel Limited has released its financials for FY24

Inkel Limited has released its financials for FY24
Planify Author
Author

Planify Author

Financial Analyst Intern
Publish Date28 August 2024
Reading time1 Min

Share on Social Links

Category

StockBeginner GuideAngel InvestingSME IPOEconomy MarketAIFInvestmentsMore

The financial performance of Inkel Limited for FY24 shows a mixed outcome with both positive and negative changes compared to FY23.

Total Revenue: There was a slight decline of 2%, bringing the total revenue to ₹79 Cr. in FY24 as compared to ₹81 Cr. in FY23.
Profit After Tax (PAT): The company saw a stable improvement in profitability with PAT increasing by 26% to ₹16 Cr. in FY24 as compared to ₹13 Cr. in FY23.
Earnings Per Share (EPS): EPS also grew by 26%, reaching ₹1, which aligns with the increase in PAT.
Total Assets: There was a moderate increase of 6% in total assets, now valued at ₹351 Cr. as compared to ₹333 Cr.
Total Equity: Total equity rose by 4% in FY24, reaching ₹213 Cr. from ₹205 Cr. in FY23.


Overall, while the revenue experienced a minor dip, Inkel Limited has shown strong growth in profitability and equity, which indicates a positive direction in the company’s financial health.

Tags

Unlisted SharesPre-IPOInvestmentStock MarketFinance

Stay Connected, Stay Informed –

Join Our

WhatsApp

Channel!

Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.