Moschip Technologies Q1FY24 Results: Consolidated PAT of Rs. 3.20 Cr

Moschip Technologies Q1FY24 Results Consolidated PAT of Rs. 3.20 Cr

Moschip Technologies Q1 results show revenue up from 53.99 crores to 58.66 crores, an 8.65% increase in growth. EPS rise from ₹0.09 to ₹0.17, up by 88.89%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Moschip Technologies shared its Q1 results on Monday. They earned 58.66 crores in revenue this quarter, but that’s more than the 53.99 crores they made last quarter. The company’s growth increased by 8.65 percent when comparing the two quarters.

In terms of profits, the company’s Consolidated PAT (Profit After Tax) for this quarter was 3.20 crores, up from 1.52 crores in the previous quarter. Their quarter-to-quarter growth increased by 110.82 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹0.17, which is an increase of 88.89% from the ₹0.09 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 58.66 crores this year (2023), which is 37.65 percent higher than last year’s total revenue of 42.62 crores.

This year’s PAT (Profit After Tax) is 3.20 crores, which is also 106.27% higher than last year’s PAT of 1.55 crores.

The EPS (Earnings Per Share) for this year is ₹0.17, which is 88.89% more than the EPS of ₹0.09 earned last year.

Moschip Technologies Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Moschip Technologies:

MosChip Technologies Limited is an internationally listed company that specializes in semiconductors and provides system design services. With over 600 engineers, the company operates in prominent locations such as Silicon Valley in the United States, as well as Hyderabad and Bangalore.

Download the Full PDF of Moschip Technologies Q1 Results: Click Here

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