Inkel Limited has released its financials for FY24

13 August 2024

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.