TPHQ board to declare Q1FY25 results soon

Teamo Productions has informed exchanges that its Board of Directors will meet on July 12, 2024 to consider and approve Q1FY25 results soon.

Earlier, the company, formerly GI Engineering Solutions Limited, reported that its net profit for the January-March period of FY2024 jumped 140 per cent YoY to Rs 3.47 crore.

According to the company, its net profit in the same quarter of the last fiscal was Rs 1.43 crore. However, the company's total sales fell by around 70 per cent to Rs 114.60 crore. It was Rs 375.58 during Q4 of FY2023.

For the full year (FY2023-24), the net profit of the company rose by 69 per cent to Rs 4.88 crore. Teamo Productions had reported a net profit of Rs 2.88 crore during the previous year ended March 2023. Total sales in FY24 stood at Rs 457.96 crore, representing a decline of 45 per cent YoY.