Share the post "TRESCON : Q4 2024 Financial Quarterly Report"
Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.11 %, Marginal decrease of -21.01% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for TRESCON LIMITED. Profit dropped by -109.53 % Year to Year, TRESCON LIMITED’s profitability dropped by -109.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -112.50 % Year to Year. EPS decreased by -112.5 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.57 Cr | Rs. 0.05 Cr | Rs. 1.1 Cr | + 2100 % | + 92.98 % |
Operating Profit | Rs. -0.57 Cr | Rs. -0.05 Cr | Rs. -1.1 Cr | -2100 % | -92.98 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 1.82 Cr | Rs. 1.38 Cr | Rs. 1.09 Cr | -21.01 % | -40.11 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.04 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.25 Cr | Rs. 1.33 Cr | Rs. -0.13 Cr | -109.77 % | -110.4 % |
Tax % | 4.31 % | 20.75 % | -13.39 % | -34.14 % | -17.7 % |
Net Profit | Rs. 1.15 Cr | Rs. 1.14 Cr | Rs. -0.11 Cr | -109.65 % | -109.57 % |
EPS in Rs | Rs. 0.16 | Rs. 0.16 | Rs. -0.02 | -112.5 % | -112.5 % |
Today, we’re looking at TRESCON LIMITED’s financial performance for the Q4(Mar 2024).Expenses ticked up slightly by 2100 % quarter-on-quarter, aligning with the annual rise of 92.98 %. Operating profit, while down -92.98 % compared to last year, faced a quarter-on-quarter dip of -2100 %, signaling a short-term contraction in margins.
Other income fell by -21.01 % compared to the last quarter, despite an annual decline of -40.11 %. Profit before tax declined annually by -110.4 % but saw a reduction from the preceding quarter by -109.77 %.
Tax expenses as a percentage of profits decreased slightly by -17.7 % compared to last year, with a more notable quarter-on-quarter decrease of -34.14 %. Net profit fell by -109.57 % year-on-year but witnessed a -109.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -112.5 % but a quarterly fall of -112.5 %. In summary, TRESCON LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.57 Cr | Rs. 0.05 Cr | Rs. 1.1 Cr | + 2100 % | + 92.98 % |
Operating Profit | Rs. -0.57 Cr | Rs. -0.05 Cr | Rs. -1.1 Cr | -2100 % | -92.98 % |
Net Profit | Rs. 1.15 Cr | Rs. 1.14 Cr | Rs. -0.11 Cr | -109.65 % | -109.57 % |
EPS in Rs | Rs. 0.16 | Rs. 0.16 | Rs. -0.02 | -112.5 % | -112.5 % |
In reviewing TRESCON LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 92.98 % compared to the previous year, with a 2100 % increase quarter-on-quarter. Operating Profit dropped by -92.98 % annually, and saw a -2100 % decrease from the last quarter.
Net Profit showed yearly decrease of -109.57 %, and experienced a -109.65 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -112.5 % annually, however dipped by -112.5 % compared to the last quarter. In essence, while TRESCON LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.