Hot Pursuit     09-Aug-23
Tasty Bite hits the roof after Q1 PAT leaps to Rs 21 cr
Tasty Bite Eatables was locked in an upper circuit of 20% at Rs 17,293.70 after the company's standalone net profit zoomed 173.88% to Rs 21.37 crore in Q1 FY24 as against Rs 7.80 crore posted in Q1 FY23.
Revenue from operations jumped 29.64% year on year (YoY) to Rs 153.74 crore in the quarter ended 30 June 2023.

Profit before tax for Q1 FY24 stood at Rs 28.63 crore, steeply higher than Rs 10.45 crore in the corresponding quarter previous year.

Total expenses spiked 15.04% YoY to Rs 130.12 crore in Q1 FY24. Cost of materials consumed stood at Rs 92.29 crore (up 15.13% YoY), other expenses was at Rs 19.89 crore (down 5.32%) and finance costs was Rs 1.91 crore (down 10.8% YoY) during the quarter.

Tasty Bite Eatables is engaged in the business of manufacturing and selling prepared foods.

The counter was freezed at its 52-week high of Rs 17,293.70 on the BSE.

Previous News
  Tasty Bite Eatables reports standalone net loss of Rs 2.82 crore in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   08:13 )
  Tasty Bite Eatables standalone net profit declines 29.09% in the June 2017 quarter
 ( Results - Announcements 10-Aug-17   16:45 )
  Tasty Bite Eatables standalone net profit rises 43.57% in the December 2016 quarter
 ( Results - Announcements 30-Jan-17   14:10 )
  Board of Tasty Bite Eatables recommends final dividend
 ( Corporate News - 28-May-22   16:32 )
  Board of Tasty Bite Eatables approves preferential allotment of shares
 ( Corporate News - 12-Jul-19   09:59 )
  Board of Tasty Bite Eatables to consider December quarter results
 ( Corporate News - 20-Jan-17   12:55 )
  Tasty Bite Eatables tempt buyers after posting strong Q3 results
 ( Hot Pursuit - 30-Jan-17   12:36 )
  Tasty Bite Eatables announces change in registered office
 ( Corporate News - 22-Jan-16   11:34 )
  Tasty Bite Eatables standalone net profit declines 14.79% in the June 2015 quarter
 ( Results - Announcements 03-Aug-15   17:49 )
  Tasty Bite Eatables net profit declines 46.88% in the June 2008 quarter
 ( Results - Announcements 04-Aug-08   18:00 )
  Tasty Bite Eatables to hold board meeting
 ( Corporate News - 26-Jul-16   15:36 )
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