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 announces resignation of company secretary
 ( Corporate News - 19-Jul-23   10:35 )
  Tasty Bite Eatables announces cessation of director
 ( Corporate News - 02-Aug-18   18:44 )
  Board of Tasty Bite Eatables recommends final dividend
 ( Corporate News - 18-May-19   16:19 )
  Tasty Bite Eatables to table results
 ( Corporate News - 01-Nov-22   11:42 )
  Board of Tasty Bite Eatables appoints director
 ( Corporate News - 06-Nov-20   20:26 )
  Board of Tasty Bite Eatables recommends dividend
 ( Corporate News - 08-May-14   17:47 )
  Board of Tasty Bite Eatables approves dividend
 ( Corporate News - 16-May-18   16:39 )
  Tasty Bite Eatables net profit declines 14.44% in the December 2012 quarter
 ( Results - Announcements 05-Feb-13   15:37 )
  Tasty Bite Eatables appoints director
 ( Corporate News - 22-Dec-17   09:51 )
  Tasty Bite Eatables standalone net profit declines 3.56% in the September 2020 quarter
 ( Results - Announcements 07-Nov-20   08:07 )
  Tasty Bite Eatables net profit declines 34.42% in the December 2013 quarter
 ( Results - Announcements 30-Jan-14   14:51 )
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