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Tata Technologies Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 6440.24 % in YoY and increased by 0.9 % in QoQ

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 6440.24 % in the past year, substantial increase in net sales/revenue by 0.9 %.
  • 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 4542.31 %. Marginal decrease of -21.34% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Tata Technologies Limited. Notable increase of 31537.83 % in net profit Year to Year, Tata Technologies Limited’s profitability dropped by -7.63 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 1,285.71 % Year to Year. EPS decreased by -7.62 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Tata Technologies 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 19.893 Cr Rs. 1289.45 Cr Rs. 1301.05 Cr + 0.9 % + 6440.24 %
Expenses Rs. 18.36 Cr Rs. 1052.89 Cr Rs. 1061.08 Cr + 0.78 % + 5679.3 %
Operating Profit Rs. 1.53 Cr Rs. 236.56 Cr Rs. 239.97 Cr + 1.44 % + 15584.31 %
OPM % 7.69 % 18.35 % 18.44 % + 0.09 % + 10.75 %
Other Income Rs. 0.52 Cr Rs. 30.69 Cr Rs. 24.14 Cr -21.34 % + 4542.31 %
Interest Rs. 0.72 Cr Rs. 5.08 Cr Rs. 4.36 Cr -14.17 % + 505.56 %
Depreciation Rs. 0.54 Cr Rs. 27.17 Cr Rs. 28.96 Cr + 6.59 % + 5262.96 %
Profit before tax Rs. 0.79 Cr Rs. 235 Cr Rs. 230.79 Cr -1.79 % + 29113.92 %
Tax % 36.56 % 27.57 % 31.87 % + 4.3 % -4.69 %
Net Profit Rs. 0.5 Cr Rs. 170.22 Cr Rs. 157.24 Cr -7.63 % + 31348 %
EPS in Rs Rs. 0.28 Rs. 4.2 Rs. 3.88 -7.62 % + 1285.71 %


Today, we’re looking at Tata Technologies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6440.24 %. However, it did see a marginal increase of 0.9 % from the previous quarter. Expenses ticked up slightly by 0.78 % quarter-on-quarter, aligning with the annual rise of 5679.3 %. Operating profit, while up 15584.31 % compared to last year, faced a quarter-on-quarter increase of 1.44 %, 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 10.75 %, but an expansion of 0.09 % sequentially. Other income fell by -21.34 % compared to the last quarter, despite an annual growth of 4542.31 %. Interest expenses dropped significantly by -14.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 505.56 %. Depreciation costs climbed by 6.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5262.96 %. Profit before tax grew annually by 29113.92 % but saw a reduction from the preceding quarter by -1.79 %.
Tax expenses as a percentage of profits decreased slightly by -4.69 % compared to last year, with a more notable quarter-on-quarter increase of 4.3 %. Net profit rose by 31348 % year-on-year but witnessed a -7.63 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1285.71 % but a quarterly fall of -7.62 %. In summary, Tata Technologies Limited’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. 19.893 Cr Rs. 1289.45 Cr Rs. 1301.05 Cr + 0.9 % + 6440.24 %
Expenses Rs. 18.36 Cr Rs. 1052.89 Cr Rs. 1061.08 Cr + 0.78 % + 5679.3 %
Operating Profit Rs. 1.53 Cr Rs. 236.56 Cr Rs. 239.97 Cr + 1.44 % + 15584.31 %
Net Profit Rs. 0.5 Cr Rs. 170.22 Cr Rs. 157.24 Cr -7.63 % + 31348 %
EPS in Rs Rs. 0.28 Rs. 4.2 Rs. 3.88 -7.62 % + 1285.71 %


In reviewing Tata Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6440.24 % year-on-year growth, however, there was a minor increase of 0.9 % from the previous quarter. Expenses rose by 5679.3 % compared to the previous year, with a 0.78 % increase quarter-on-quarter. Operating Profit surged by 15584.31 % annually, and saw a 1.44 % increase from the last quarter.
Net Profit showed yearly increase of 31348 %, and experienced a -7.63 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1285.71 % annually, however dipped by -7.62 % compared to the last quarter. In essence, while Tata Technologies Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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