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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 206.3 % in the past year, decrease in net sales/revenue by -7.57 %.
- 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 5363.64 %. Marginal decrease of -84.47% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TCC CONCEPT LIMITED. Notable increase of 105.68 % in net profit Year to Year, TCC CONCEPT LIMITED’s profitability increased by 12.88 % in this quarter.
- EPS over the Year and quarter: EPS declined by -80.76 % Year to Year. EPS decreased by -53.99 % 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. 3.855 Cr | Rs. 12.775 Cr | Rs. 11.808 Cr | -7.57 % | + 206.3 % |
Expenses | Rs. 0.64 Cr | Rs. 6.78 Cr | Rs. 3.55 Cr | -47.64 % | + 454.69 % |
Operating Profit | Rs. 3.22 Cr | Rs. 6 Cr | Rs. 8.26 Cr | + 37.67 % | + 156.52 % |
OPM % | 83.53 % | 46.97 % | 69.95 % | + 22.98 % | -13.58 % |
Other Income | Rs. 0.011 Cr | Rs. 3.871 Cr | Rs. 0.601 Cr | -84.47 % | + 5363.64 % |
Interest | Rs. 0 Cr | Rs. 0.16 Cr | Rs. 0.15 Cr | -6.25 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 1.73 Cr | Rs. 1.59 Cr | -8.09 % | 0 % |
Profit before tax | Rs. 3.23 Cr | Rs. 7.98 Cr | Rs. 7.12 Cr | -10.78 % | + 120.43 % |
Tax % | 18.24 % | 39.71 % | 23.74 % | -15.97 % | + 5.5 % |
Net Profit | Rs. 2.64 Cr | Rs. 4.81 Cr | Rs. 5.43 Cr | + 12.89 % | + 105.68 % |
EPS in Rs | Rs. 12.58 | Rs. 5.03 | Rs. 2.42 | -51.89 % | -80.76 % |
Today, we’re looking at TCC CONCEPT 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 206.3 %. However, it did see a marginal slip of -7.57 % from the previous quarter. Expenses decreased slightly by -47.64 % quarter-on-quarter, aligning with the annual rise of 454.69 %. Operating profit, while up 156.52 % compared to last year, faced a quarter-on-quarter increase of 37.67 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -13.58 %, but an expansion of 22.98 % sequentially. Other income fell by -84.47 % compared to the last quarter, despite an annual growth of 5363.64 %. Interest expenses dropped significantly by -6.25 % from the previous quarter, Depreciation costs fell by -8.09 % quarter-on-quarter, Profit before tax grew annually by 120.43 % but saw a reduction from the preceding quarter by -10.78 %.
Tax expenses as a percentage of profits increased slightly by 5.5 % compared to last year, with a more notable quarter-on-quarter decrease of -15.97 %. Net profit rose by 105.68 % year-on-year but experienced a 12.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -80.76 % but a quarterly fall of -51.89 %. In summary, TCC CONCEPT 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. 3.855 Cr | Rs. 12.775 Cr | Rs. 11.808 Cr | -7.57 % | + 206.3 % |
Expenses | Rs. 0.64 Cr | Rs. 6.78 Cr | Rs. 3.55 Cr | -47.64 % | + 454.69 % |
Operating Profit | Rs. 3.22 Cr | Rs. 6 Cr | Rs. 8.26 Cr | + 37.67 % | + 156.52 % |
Net Profit | Rs. 2.64 Cr | Rs. 4.81 Cr | Rs. 5.43 Cr | + 12.89 % | + 105.68 % |
EPS in Rs | Rs. 12.58 | Rs. 5.03 | Rs. 2.42 | -51.89 % | -80.76 % |
In reviewing TCC CONCEPT LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 206.3 % year-on-year growth, although there was a slight dip of -7.57 % from the previous quarter. Expenses rose by 454.69 % compared to the previous year, with a decrease of -47.64 % quarter-on-quarter. Operating Profit surged by 156.52 % annually, and saw a 37.67 % increase from the last quarter.
Net Profit showed yearly increase of 105.68 %, and experienced a 12.89 % increase from the previous quarter. Earnings Per Share (EPS) fell by -80.76 % annually, however dipped by -51.89 % compared to the last quarter. In essence, while TCC CONCEPT LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.