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Times Guaranty Ltd’s shares were up by 14.07 per cent after the company reported a 49 per cent increase in revenue for the quarter ended June 30, 2023, at Rs 80.33 lakh, compared to Rs 53.81 lakh in the corresponding quarter last year.
Profits were up by 57 per cent at Rs 61.33 lakh, compared to Rs 38.87 lakh last year. Sequentially, profits were higher by 90 per cent, compared to Rs 32.26 lakh in the previous quarter.
The shares were up by 14.87 per cent at Rs 74.30 at 10.36 am on the BSE.
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