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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 2.62 % in the past year, substantial increase in net sales/revenue by 4.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.79 %, Marginal decrease of -26.47% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tatia Global Vennture Limited. Profit dropped by -2.78 % Year to Year, Tatia Global Vennture Limited’s profitability dropped by -5.41 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.267 Cr | Rs. 0.261 Cr | Rs. 0.274 Cr | + 4.98 % | + 2.62 % |
Expenses | Rs. 0.15 Cr | Rs. 0.15 Cr | Rs. 0.16 Cr | + 6.67 % | + 6.67 % |
Operating Profit | Rs. 0.12 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | -8.33 % |
OPM % | 44.94 % | 42.15 % | 40.15 % | -2 % | -4.79 % |
Other Income | Rs. 0.029 Cr | Rs. 0.034 Cr | Rs. 0.025 Cr | -26.47 % | -13.79 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. 0.14 Cr | Rs. 0.14 Cr | + 0 % | -6.67 % |
Tax % | 0 % | 0.67 % | 0 % | -0.67 % | 0 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.15 Cr | Rs. 0.14 Cr | -6.67 % | + 0 % |
EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.01 | + 0 % | + 0 % |
Today, we’re looking at Tatia Global Vennture 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 2.62 %. However, it did see a marginal increase of 4.98 % from the previous quarter. Expenses ticked up slightly by 6.67 % quarter-on-quarter, aligning with the annual rise of 6.67 %. Operating profit, while down -8.33 % compared to last year, faced a quarter-on-quarter increase of 0 %, 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 -4.79 %, but a shrinkage of -2 % sequentially. Other income fell by -26.47 % compared to the last quarter, despite an annual decline of -13.79 %. Profit before tax declined annually by -6.67 % but saw an increase from the preceding quarter by 0 %.
with a more notable quarter-on-quarter decrease of -0.67 %. Net profit rose by 0 % year-on-year but witnessed a -6.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 0 %. In summary, Tatia Global Vennture 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. 0.267 Cr | Rs. 0.261 Cr | Rs. 0.274 Cr | + 4.98 % | + 2.62 % |
Expenses | Rs. 0.15 Cr | Rs. 0.15 Cr | Rs. 0.16 Cr | + 6.67 % | + 6.67 % |
Operating Profit | Rs. 0.12 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | -8.33 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.15 Cr | Rs. 0.14 Cr | -6.67 % | + 0 % |
EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.01 | + 0 % | + 0 % |
In reviewing Tatia Global Vennture Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.62 % year-on-year growth, however, there was a minor increase of 4.98 % from the previous quarter. Expenses rose by 6.67 % compared to the previous year, with a 6.67 % increase quarter-on-quarter. Operating Profit dropped by -8.33 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a -6.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 0 % compared to the last quarter. In essence, while Tatia Global Vennture 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.
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