Tips Industries Ltd: September ’21 Results Update
Moneylife Digital Team 26 November 2021
Tips Industries Ltd (TIL) declared its quarterly results for Q2FY21-22 on 29 October 2021. We had discussed the company’s business model here. Revenues increased 241% quarter-on-quarter (q-o-q) to reach Rs96 crore and its operating profit increased 342% to reach Rs82 crore even as its operating profit margin (OPM) expanded to reach 86% in the period. 
 
 
 
However, beneath this veneer of...
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