TATA CONSUMER PRODUCTS : Q1 2024 Financial Quarterly Report : YoY Sales Up 26.22 %, QoQ Up 12.01 %

The comprehensive analytics outlining the performance and outlook of TATA CONSUMER PRODUCTS LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at TATA CONSUMER PRODUCTS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.22 %. However, it did see a marginal increase of 12.01 % from the previous quarter. Expenses ticked up slightly by 13.88 % quarter-on-quarter, aligning with the annual rise of 28.61 %. Operating profit, while up 13.07 % compared to last year, faced a quarter-on-quarter increase of 1.54 %, 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 -1.6 %, but a shrinkage of -1.42 % sequentially. Other income rose by 99.62 % compared to the last quarter, despite an annual decline of -100.54 %. Interest expenses surged remarkably by 145.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 802.27 %. Depreciation costs fell by -1.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.59 %. Profit before tax declined annually by -24.58 % but saw an increase from the preceding quarter by 22.91 %.
Tax expenses as a percentage of profits increased slightly by 9.64 % compared to last year, with a more notable quarter-on-quarter decrease of -3.58 %. Net profit fell by -34.11 % year-on-year but experienced a 29.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35.83 % but a quarterly rise of 29.61 %. In summary, TATA CONSUMER PRODUCTS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing TATA CONSUMER PRODUCTS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.22 % year-on-year growth, however, there was a minor increase of 12.01 % from the previous quarter. Expenses rose by 28.61 % compared to the previous year, with a 13.88 % increase quarter-on-quarter. Operating Profit surged by 13.07 % annually, and saw a 1.54 % increase from the last quarter.
Net Profit showed yearly decrease of -34.11 %, and experienced a 29.88 % increase from the previous quarter. Earnings Per Share (EPS) fell by -35.83 % annually, however rose by 29.61 % compared to the last quarter. In essence, while TATA CONSUMER PRODUCTS LIMITED 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.