Tirupati Finlease Reports Significant Growth in March 2023 Net Sales, up 57.86% YoY

Tirupati Finlease has released its standalone quarterly numbers, showcasing substantial growth in net sales. In March 2023, the company’s net sales amounted to Rs. 2.70 crore, representing a noteworthy increase of 57.86% compared to the Rs. 1.71 crore recorded in March 2022.

Furthermore, the quarterly net loss for March 2023 stood at Rs. 0.23 crore, indicating a decrease of 69.6% from the Rs. 0.13 crore loss reported in March 2022.

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for March 2023 was negative, amounting to Rs. 0.22 crore. This represents a 100% decline from the EBITDA of Rs. 0.11 crore reported in March 2022.

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