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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -75.66 % over the year, decrease in net sales/revenue by -54.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -83.91 %, Marginal increase in other income during this quarter, up by 104.23%.
- Profit over the Year and quarter: Challenges in sustaining profitability for T & I Global Ltd.. Profit dropped by -83.24 % Year to Year, T & I Global Ltd.’s profitability dropped by -175.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -83.21 % Year to Year. EPS decreased by -175.33 % 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. 64.75 Cr | Rs. 35.002 Cr | Rs. 15.759 Cr | -54.98 % | -75.66 % |
| Expenses | Rs. 60.82 Cr | Rs. 32.24 Cr | Rs. 14.87 Cr | -53.88 % | -75.55 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 2.76 Cr | Rs. 0.89 Cr | -67.75 % | -77.35 % |
| OPM % | 6.07 % | 7.89 % | 5.65 % | -2.24 % | -0.42 % |
| Other Income | Rs. 0.833 Cr | Rs. -3.17 Cr | Rs. 0.134 Cr | + 104.23 % | -83.91 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.21 Cr | Rs. 0.03 Cr | Rs. 0.28 Cr | + 833.33 % | + 33.33 % |
| Profit before tax | Rs. 4.55 Cr | Rs. -0.44 Cr | Rs. 0.74 Cr | + 268.18 % | -83.74 % |
| Tax % | 24.99 % | -72.01 % | 23.53 % | + 95.54 % | -1.46 % |
| Net Profit | Rs. 3.41 Cr | Rs. -0.76 Cr | Rs. 0.57 Cr | + 175 % | -83.28 % |
| EPS in Rs | Rs. 6.73 | Rs. -1.5 | Rs. 1.13 | + 175.33 % | -83.21 % |
Today, we’re looking at T & I Global Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -75.66 %. However, it did see a marginal slip of -54.98 % from the previous quarter. Expenses decreased slightly by -53.88 % quarter-on-quarter, aligning with the annual decline of -75.55 %. Operating profit, while down -77.35 % compared to last year, faced a quarter-on-quarter dip of -67.75 %, 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 -0.42 %, but a shrinkage of -2.24 % sequentially. Other income rose by 104.23 % compared to the last quarter, despite an annual decline of -83.91 %. Depreciation costs climbed by 833.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.33 %. Profit before tax declined annually by -83.74 % but saw an increase from the preceding quarter by 268.18 %.
Tax expenses as a percentage of profits decreased slightly by -1.46 % compared to last year, with a more notable quarter-on-quarter increase of 95.54 %. Net profit fell by -83.28 % year-on-year but experienced a 175 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -83.21 % but a quarterly rise of 175.33 %. In summary, T & I Global 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. 64.75 Cr | Rs. 35.002 Cr | Rs. 15.759 Cr | -54.98 % | -75.66 % |
| Expenses | Rs. 60.82 Cr | Rs. 32.24 Cr | Rs. 14.87 Cr | -53.88 % | -75.55 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 2.76 Cr | Rs. 0.89 Cr | -67.75 % | -77.35 % |
| Net Profit | Rs. 3.41 Cr | Rs. -0.76 Cr | Rs. 0.57 Cr | + 175 % | -83.28 % |
| EPS in Rs | Rs. 6.73 | Rs. -1.5 | Rs. 1.13 | + 175.33 % | -83.21 % |
In reviewing T & I Global Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -75.66 % year-on-year, although there was a slight dip of -54.98 % from the previous quarter. Expenses decreased by -75.55 % compared to the previous year, with a decrease of -53.88 % quarter-on-quarter. Operating Profit dropped by -77.35 % annually, and saw a -67.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -83.28 %, and experienced a 175 % increase from the previous quarter. Earnings Per Share (EPS) fell by -83.21 % annually, however rose by 175.33 % compared to the last quarter. In essence, while T & I Global 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.
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