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Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.38 % over the year, decrease in net sales/revenue by -10.72 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -334.25 %, Marginal decrease of -186.61% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for T & I Global Ltd.. Profit dropped by -155.55 % Year to Year, T & I Global Ltd.’s profitability dropped by -124.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -127.78 % Year to Year. EPS decreased by -124.55 % 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. 40.409 Cr | Rs. 39.205 Cr | Rs. 35.002 Cr | -10.72 % | -13.38 % |
Expenses | Rs. 36.41 Cr | Rs. 38.44 Cr | Rs. 32.24 Cr | -16.13 % | -11.45 % |
Operating Profit | Rs. 4 Cr | Rs. 0.77 Cr | Rs. 2.76 Cr | + 258.44 % | -31 % |
OPM % | 9.9 % | 1.96 % | 7.89 % | + 5.93 % | -2.01 % |
Other Income | Rs. -0.73 Cr | Rs. 3.66 Cr | Rs. -3.17 Cr | -186.61 % | -334.25 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.47 Cr | Rs. 0.03 Cr | -93.62 % | -40 % |
Profit before tax | Rs. 3.21 Cr | Rs. 3.96 Cr | Rs. -0.44 Cr | -111.11 % | -113.71 % |
Tax % | 57.43 % | 21.57 % | -72.01 % | -93.58 % | -129.44 % |
Net Profit | Rs. 1.37 Cr | Rs. 3.1 Cr | Rs. -0.76 Cr | -124.52 % | -155.47 % |
EPS in Rs | Rs. 5.4 | Rs. 6.11 | Rs. -1.5 | -124.55 % | -127.78 % |
Today, we’re looking at T & I Global 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 -13.38 %. However, it did see a marginal slip of -10.72 % from the previous quarter. Expenses decreased slightly by -16.13 % quarter-on-quarter, aligning with the annual decline of -11.45 %. Operating profit, while down -31 % compared to last year, faced a quarter-on-quarter increase of 258.44 %, 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 -2.01 %, but an expansion of 5.93 % sequentially. Other income fell by -186.61 % compared to the last quarter, despite an annual decline of -334.25 %. Depreciation costs fell by -93.62 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -40 %. Profit before tax declined annually by -113.71 % but saw a reduction from the preceding quarter by -111.11 %.
Tax expenses as a percentage of profits decreased slightly by -129.44 % compared to last year, with a more notable quarter-on-quarter decrease of -93.58 %. Net profit fell by -155.47 % year-on-year but witnessed a -124.52 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -127.78 % but a quarterly fall of -124.55 %. 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. 40.409 Cr | Rs. 39.205 Cr | Rs. 35.002 Cr | -10.72 % | -13.38 % |
Expenses | Rs. 36.41 Cr | Rs. 38.44 Cr | Rs. 32.24 Cr | -16.13 % | -11.45 % |
Operating Profit | Rs. 4 Cr | Rs. 0.77 Cr | Rs. 2.76 Cr | + 258.44 % | -31 % |
Net Profit | Rs. 1.37 Cr | Rs. 3.1 Cr | Rs. -0.76 Cr | -124.52 % | -155.47 % |
EPS in Rs | Rs. 5.4 | Rs. 6.11 | Rs. -1.5 | -124.55 % | -127.78 % |
In reviewing T & I Global Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.38 % year-on-year, although there was a slight dip of -10.72 % from the previous quarter. Expenses decreased by -11.45 % compared to the previous year, with a decrease of -16.13 % quarter-on-quarter. Operating Profit dropped by -31 % annually, and saw a 258.44 % increase from the last quarter.
Net Profit showed yearly decrease of -155.47 %, and experienced a -124.52 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -127.78 % annually, however dipped by -124.55 % 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.