IP Rings Ltd Results Summary

IP Rings Ltd’s revenue jumped 4.5% since last year same period to ₹76.63Cr in the Q4 2022-2023. On a quarterly growth basis, IP Rings Ltd has generated -8.58% fall in its revenue since last 3-months.

IP Rings Ltd’s net profit fell -137.78% since last year same period to ₹-1.33Cr in the Q4 2022-2023. On a quarterly growth basis, IP Rings Ltd has generated -6750% fall in its net profits since last 3-months.

IP Rings Ltd’s net profit margin fell -136.16% since last year same period to -1.74% in the Q4 2022-2023. On a quarterly growth basis, IP Rings Ltd has generated -7373.95% fall in its net profit margins since last 3-months.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. IP Rings Ltd’s return on equity (ROE) stands at 7.56.