Share the post "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"
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.
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.