Share the post "TPI INDIA ‘s Q1 Financial results: Revenue Grows by 19.83% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 19.83 % in the past year, decrease in net sales/revenue by -11.91 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for TPI INDIA LTD.. Profit dropped by -110.43 % Year to Year, TPI INDIA LTD.’s profitability dropped by -28.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -110.64 % Year to Year. EPS decreased by -28.57 % 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. 5.234 Cr | Rs. 7.12 Cr | Rs. 6.272 Cr | -11.91 % | + 19.83 % |
| Expenses | Rs. 4.9 Cr | Rs. 7.09 Cr | Rs. 6.05 Cr | -14.67 % | + 23.47 % |
| Operating Profit | Rs. 0.33 Cr | Rs. 0.03 Cr | Rs. 0.22 Cr | + 633.33 % | -33.33 % |
| OPM % | 6.3 % | 0.42 % | 3.51 % | + 3.09 % | -2.79 % |
| Other Income | Rs. 2.078 Cr | Rs. 0.21 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.35 Cr | Rs. 0.44 Cr | Rs. 0.28 Cr | -36.36 % | -20 % |
| Depreciation | Rs. 0.06 Cr | Rs. 0.09 Cr | Rs. 0.15 Cr | + 66.67 % | + 150 % |
| Profit before tax | Rs. 2 Cr | Rs. -0.29 Cr | Rs. -0.21 Cr | + 27.59 % | -110.5 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 2 Cr | Rs. -0.29 Cr | Rs. -0.21 Cr | + 27.59 % | -110.5 % |
| EPS in Rs | Rs. 0.47 | Rs. -0.07 | Rs. -0.05 | + 28.57 % | -110.64 % |
Today, we’re looking at TPI INDIA LTD.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.83 %. However, it did see a marginal slip of -11.91 % from the previous quarter. Expenses decreased slightly by -14.67 % quarter-on-quarter, aligning with the annual rise of 23.47 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter increase of 633.33 %, 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 -2.79 %, but an expansion of 3.09 % sequentially. Interest expenses dropped significantly by -36.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs climbed by 66.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 150 %. Profit before tax declined annually by -110.5 % but saw an increase from the preceding quarter by 27.59 %.
Net profit fell by -110.5 % year-on-year but experienced a 27.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -110.64 % but a quarterly rise of 28.57 %. In summary, TPI INDIA LTD.’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. 5.234 Cr | Rs. 7.12 Cr | Rs. 6.272 Cr | -11.91 % | + 19.83 % |
| Expenses | Rs. 4.9 Cr | Rs. 7.09 Cr | Rs. 6.05 Cr | -14.67 % | + 23.47 % |
| Operating Profit | Rs. 0.33 Cr | Rs. 0.03 Cr | Rs. 0.22 Cr | + 633.33 % | -33.33 % |
| Net Profit | Rs. 2 Cr | Rs. -0.29 Cr | Rs. -0.21 Cr | + 27.59 % | -110.5 % |
| EPS in Rs | Rs. 0.47 | Rs. -0.07 | Rs. -0.05 | + 28.57 % | -110.64 % |
In reviewing TPI INDIA LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.83 % year-on-year growth, although there was a slight dip of -11.91 % from the previous quarter. Expenses rose by 23.47 % compared to the previous year, with a decrease of -14.67 % quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a 633.33 % increase from the last quarter.
Net Profit showed yearly decrease of -110.5 %, and experienced a 27.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -110.64 % annually, however rose by 28.57 % compared to the last quarter. In essence, while TPI INDIA LTD. faces strong annual decline 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.
