Tempsens Instruments (India) (TEMPSENS) H2 23/24 earnings summary

Executive summary

• Total income reached ₹2,820.56 million in FY24 versus ₹2,449.01 million in FY23; profit after tax rose to ₹388.46 million from ₹315.05 million.

• The auditor issued an unmodified opinion and found internal financial controls adequate and operating effectively at March 31, 2024.

Financial highlights

• Revenue from operations was ₹2,773.33 million versus ₹2,401.89 million in FY23; other income was ₹47.23 million versus ₹47.12 million.

• PBT was ₹522.39 million versus ₹423.45 million; PAT was ₹388.46 million versus ₹315.05 million.

• Employee benefit expense increased to ₹210.91 million from ₹187.95 million; finance costs were ₹21.45 million versus ₹19.39 million.

• Total assets were ₹2,489.78 million at March 31, 2024, compared with ₹2,020.82 million a year earlier.

Outlook and guidance

• Directors said they are pursuing avenues for future growth and cited ongoing efforts to improve operational efficiency and service levels; no quantified forecast was stated.