Share the post "Tarai Foods announces Q1 results: Profit Rises by 150% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 39.18 %. Marginal increase in other income during this quarter, up by 2600%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tarai Foods Ltd.. Profit dropped by -146.53 % Year to Year, Tarai Foods Ltd.’s profitability dropped by -120.52 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -142.86 % Year to Year. EPS decreased by -120 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.16 Cr | Rs. 0.23 Cr | Rs. 0.09 Cr | -60.87 % | -43.75 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.23 Cr | Rs. -0.09 Cr | + 60.87 % | + 43.75 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.097 Cr | Rs. 0.005 Cr | Rs. 0.135 Cr | + 2600 % | + 39.18 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.04 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.1 Cr | Rs. -0.23 Cr | Rs. 0.05 Cr | + 121.74 % | + 150 % |
| Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.23 Cr | Rs. 0.05 Cr | + 121.74 % | + 150 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.15 | Rs. 0.03 | + 120 % | + 142.86 % |
Today, we’re looking at Tarai Foods Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -60.87 % quarter-on-quarter, aligning with the annual decline of -43.75 %. Operating profit, while up 43.75 % compared to last year, faced a quarter-on-quarter increase of 60.87 %, signaling a short-term expansion in margins.
Other income rose by 2600 % compared to the last quarter, despite an annual growth of 39.18 %. Profit before tax grew annually by 150 % but saw an increase from the preceding quarter by 121.74 %.
Net profit rose by 150 % year-on-year but experienced a 121.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 142.86 % but a quarterly rise of 120 %. In summary, Tarai Foods 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.16 Cr | Rs. 0.23 Cr | Rs. 0.09 Cr | -60.87 % | -43.75 % |
| Operating Profit | Rs. -0.16 Cr | Rs. -0.23 Cr | Rs. -0.09 Cr | + 60.87 % | + 43.75 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.23 Cr | Rs. 0.05 Cr | + 121.74 % | + 150 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.15 | Rs. 0.03 | + 120 % | + 142.86 % |
In reviewing Tarai Foods Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -43.75 % compared to the previous year, with a decrease of -60.87 % quarter-on-quarter. Operating Profit surged by 43.75 % annually, and saw a 60.87 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 121.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 142.86 % annually, however rose by 120 % compared to the last quarter. In essence, while Tarai Foods 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.
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