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Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.85 % over the year, decrease in net sales/revenue by -1.57 %.
- 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 127.27 %. Marginal increase in other income during this quarter, up by 233.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for T T Ltd. Profit dropped by -297.43 % Year to Year, T T Ltd’s profitability dropped by -385.47 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -297.28 % Year to Year. EPS decreased by -387.13 % 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. 58.293 Cr | Rs. 52.208 Cr | Rs. 51.386 Cr | -1.57 % | -11.85 % |
Expenses | Rs. 58.73 Cr | Rs. 50.17 Cr | Rs. 44.98 Cr | -10.34 % | -23.41 % |
Operating Profit | Rs. -0.44 Cr | Rs. 2.04 Cr | Rs. 6.41 Cr | + 214.22 % | + 1556.82 % |
OPM % | -0.75 % | 3.91 % | 12.47 % | + 8.56 % | + 13.22 % |
Other Income | Rs. 0.22 Cr | Rs. 0.15 Cr | Rs. 0.5 Cr | + 233.33 % | + 127.27 % |
Interest | Rs. 4.48 Cr | Rs. 4 Cr | Rs. 3.98 Cr | -0.5 % | -11.16 % |
Depreciation | Rs. 0.91 Cr | Rs. 0.8 Cr | Rs. 0.79 Cr | -1.25 % | -13.19 % |
Profit before tax | Rs. -5.61 Cr | Rs. -2.61 Cr | Rs. 2.14 Cr | + 181.99 % | + 138.15 % |
Tax % | -43.72 % | -16.72 % | 191.07 % | + 207.79 % | + 234.79 % |
Net Profit | Rs. -3.16 Cr | Rs. -2.18 Cr | Rs. 6.23 Cr | + 385.78 % | + 297.15 % |
EPS in Rs | Rs. -1.47 | Rs. -1.01 | Rs. 2.9 | + 387.13 % | + 297.28 % |
Today, we’re looking at T T Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.85 %. However, it did see a marginal slip of -1.57 % from the previous quarter. Expenses decreased slightly by -10.34 % quarter-on-quarter, aligning with the annual decline of -23.41 %. Operating profit, while up 1556.82 % compared to last year, faced a quarter-on-quarter increase of 214.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.22 %, but an expansion of 8.56 % sequentially. Other income rose by 233.33 % compared to the last quarter, despite an annual growth of 127.27 %. Interest expenses dropped significantly by -0.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.16 %. Depreciation costs fell by -1.25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.19 %. Profit before tax grew annually by 138.15 % but saw an increase from the preceding quarter by 181.99 %.
Tax expenses as a percentage of profits increased slightly by 234.79 % compared to last year, with a more notable quarter-on-quarter increase of 207.79 %. Net profit rose by 297.15 % year-on-year but experienced a 385.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 297.28 % but a quarterly rise of 387.13 %. In summary, T T 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. 58.293 Cr | Rs. 52.208 Cr | Rs. 51.386 Cr | -1.57 % | -11.85 % |
Expenses | Rs. 58.73 Cr | Rs. 50.17 Cr | Rs. 44.98 Cr | -10.34 % | -23.41 % |
Operating Profit | Rs. -0.44 Cr | Rs. 2.04 Cr | Rs. 6.41 Cr | + 214.22 % | + 1556.82 % |
Net Profit | Rs. -3.16 Cr | Rs. -2.18 Cr | Rs. 6.23 Cr | + 385.78 % | + 297.15 % |
EPS in Rs | Rs. -1.47 | Rs. -1.01 | Rs. 2.9 | + 387.13 % | + 297.28 % |
In reviewing T T Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.85 % year-on-year, although there was a slight dip of -1.57 % from the previous quarter. Expenses decreased by -23.41 % compared to the previous year, with a decrease of -10.34 % quarter-on-quarter. Operating Profit surged by 1556.82 % annually, and saw a 214.22 % increase from the last quarter.
Net Profit showed yearly increase of 297.15 %, and experienced a 385.78 % increase from the previous quarter. Earnings Per Share (EPS) rose by 297.28 % annually, however rose by 387.13 % compared to the last quarter. In essence, while T T Ltd 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.