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Highlights
- Sales over the Year and quarter: The company’s sales declined by -30.41 % over the year, decrease in net sales/revenue by -8.51 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 121.31 %. Marginal increase in other income during this quarter, up by 64.71%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TGV SRAAC LIMITED. Profit dropped by -77.34 % Year to Year, TGV SRAAC LIMITED’s profitability dropped by -52.86 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -77.36 % Year to Year. EPS decreased by -52.82 % 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. 528.84 Cr | Rs. 402.21 Cr | Rs. 368 Cr | -8.51 % | -30.41 % |
Expenses | Rs. 462.26 Cr | Rs. 358.29 Cr | Rs. 354.09 Cr | -1.17 % | -23.4 % |
Operating Profit | Rs. 66.58 Cr | Rs. 43.92 Cr | Rs. 13.91 Cr | -68.33 % | -79.11 % |
OPM % | 12.59 % | 10.92 % | 3.78 % | -7.14 % | -8.81 % |
Other Income | Rs. 2.91 Cr | Rs. 3.91 Cr | Rs. 6.44 Cr | + 64.71 % | + 121.31 % |
Interest | Rs. 8.92 Cr | Rs. 5.95 Cr | Rs. 7.36 Cr | + 23.7 % | -17.49 % |
Depreciation | Rs. 19.08 Cr | Rs. 21.08 Cr | Rs. 21.68 Cr | + 2.85 % | + 13.63 % |
Profit before tax | Rs. 41.49 Cr | Rs. 20.8 Cr | Rs. -8.69 Cr | -141.78 % | -120.94 % |
Tax % | 23.66 % | 26.81 % | 27.86 % | + 1.05 % | + 4.2 % |
Net Profit | Rs. 31.64 Cr | Rs. 15.21 Cr | Rs. 7.17 Cr | -52.86 % | -77.34 % |
EPS in Rs | Rs. 2.96 | Rs. 1.42 | Rs. 0.67 | -52.82 % | -77.36 % |
Today, we’re looking at TGV SRAAC LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -30.41 %. However, it did see a marginal slip of -8.51 % from the previous quarter. Expenses decreased slightly by -1.17 % quarter-on-quarter, aligning with the annual decline of -23.4 %. Operating profit, while down -79.11 % compared to last year, faced a quarter-on-quarter dip of -68.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.81 %, but a shrinkage of -7.14 % sequentially. Other income rose by 64.71 % compared to the last quarter, despite an annual growth of 121.31 %. Interest expenses surged remarkably by 23.7 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.49 %. Depreciation costs climbed by 2.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.63 %. Profit before tax declined annually by -120.94 % but saw a reduction from the preceding quarter by -141.78 %.
Tax expenses as a percentage of profits increased slightly by 4.2 % compared to last year, with a more notable quarter-on-quarter increase of 1.05 %. Net profit fell by -77.34 % year-on-year but witnessed a -52.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.36 % but a quarterly fall of -52.82 %. In summary, TGV SRAAC 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. 528.84 Cr | Rs. 402.21 Cr | Rs. 368 Cr | -8.51 % | -30.41 % |
Expenses | Rs. 462.26 Cr | Rs. 358.29 Cr | Rs. 354.09 Cr | -1.17 % | -23.4 % |
Operating Profit | Rs. 66.58 Cr | Rs. 43.92 Cr | Rs. 13.91 Cr | -68.33 % | -79.11 % |
Net Profit | Rs. 31.64 Cr | Rs. 15.21 Cr | Rs. 7.17 Cr | -52.86 % | -77.34 % |
EPS in Rs | Rs. 2.96 | Rs. 1.42 | Rs. 0.67 | -52.82 % | -77.36 % |
In reviewing TGV SRAAC LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -30.41 % year-on-year, although there was a slight dip of -8.51 % from the previous quarter. Expenses decreased by -23.4 % compared to the previous year, with a decrease of -1.17 % quarter-on-quarter. Operating Profit dropped by -79.11 % annually, and saw a -68.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -77.34 %, and experienced a -52.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -77.36 % annually, however dipped by -52.82 % compared to the last quarter. In essence, while TGV SRAAC 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.