Thomas Scott (India) announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Thomas Scott (India) Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Thomas Scott (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 48.77 %. However, it did see a marginal increase of 6.33 % from the previous quarter. Expenses ticked up slightly by 14.05 % quarter-on-quarter, aligning with the annual rise of 42.12 %. Operating profit, while up 144.54 % compared to last year, faced a quarter-on-quarter dip of -32.17 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.17 %, but a shrinkage of -6.04 % sequentially. Other income fell by -99.47 % compared to the last quarter, despite an annual decline of -99.86 %. Interest expenses surged remarkably by 316.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -52.83 %. Depreciation costs climbed by 25.58 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 134.78 %. Profit before tax grew annually by 82.76 % but saw a reduction from the preceding quarter by -46.87 %.
Tax expenses as a percentage of profits increased slightly by 34.61 % compared to last year, with a more notable quarter-on-quarter increase of 34.62 %. Net profit rose by 20.87 % year-on-year but witnessed a -65.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 269.86 % but a quarterly rise of 7.14 %. In summary, Thomas Scott (India) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Thomas Scott (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 48.77 % year-on-year growth, however, there was a minor increase of 6.33 % from the previous quarter. Expenses rose by 42.12 % compared to the previous year, with a 14.05 % increase quarter-on-quarter. Operating Profit surged by 144.54 % annually, and saw a -32.17 % decrease from the last quarter.
Net Profit showed yearly increase of 20.87 %, and experienced a -65.25 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 269.86 % annually, however rose by 7.14 % compared to the last quarter. In essence, while Thomas Scott (India) Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.