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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’s sales declined by -2.64 % over the year, substantial increase in net sales/revenue by 6.33 %.
- 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 39.55 %. Marginal increase in other income during this quarter, up by 8.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TCI Express Limited. Profit dropped by -29.93 % Year to Year, TCI Express Limited’s profitability increased by 11.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.99 % Year to Year. EPS increased by 11.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 319.98 Cr | Rs. 292.98 Cr | Rs. 311.54 Cr | + 6.33 % | -2.64 % |
Expenses | Rs. 269.53 Cr | Rs. 260.26 Cr | Rs. 274.78 Cr | + 5.58 % | + 1.95 % |
Operating Profit | Rs. 50.45 Cr | Rs. 32.72 Cr | Rs. 36.76 Cr | + 12.35 % | -27.14 % |
OPM % | 15.77 % | 11.17 % | 11.8 % | + 0.63 % | -3.97 % |
Other Income | Rs. 1.77 Cr | Rs. 2.28 Cr | Rs. 2.47 Cr | + 8.33 % | + 39.55 % |
Interest | Rs. 0.35 Cr | Rs. 0.27 Cr | Rs. 0.33 Cr | + 22.22 % | -5.71 % |
Depreciation | Rs. 4.72 Cr | Rs. 5.08 Cr | Rs. 5.31 Cr | + 4.53 % | + 12.5 % |
Profit before tax | Rs. 47.15 Cr | Rs. 29.65 Cr | Rs. 33.59 Cr | + 13.29 % | -28.76 % |
Tax % | 24.54 % | 24.79 % | 25.78 % | + 0.99 % | + 1.24 % |
Net Profit | Rs. 35.58 Cr | Rs. 22.3 Cr | Rs. 24.93 Cr | + 11.79 % | -29.93 % |
EPS in Rs | Rs. 9.26 | Rs. 5.8 | Rs. 6.46 | + 11.38 % | -30.24 % |
Today, we’re looking at TCI Express Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -2.64 %. However, it did see a marginal increase of 6.33 % from the previous quarter. Expenses ticked up slightly by 5.58 % quarter-on-quarter, aligning with the annual rise of 1.95 %. Operating profit, while down -27.14 % compared to last year, faced a quarter-on-quarter increase of 12.35 %, 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 -3.97 %, but an expansion of 0.63 % sequentially. Other income rose by 8.33 % compared to the last quarter, despite an annual growth of 39.55 %. Interest expenses surged remarkably by 22.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.71 %. Depreciation costs climbed by 4.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.5 %. Profit before tax declined annually by -28.76 % but saw an increase from the preceding quarter by 13.29 %.
Tax expenses as a percentage of profits increased slightly by 1.24 % compared to last year, with a more notable quarter-on-quarter increase of 0.99 %. Net profit fell by -29.93 % year-on-year but experienced a 11.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.24 % but a quarterly rise of 11.38 %. In summary, TCI Express 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. 319.98 Cr | Rs. 292.98 Cr | Rs. 311.54 Cr | + 6.33 % | -2.64 % |
Expenses | Rs. 269.53 Cr | Rs. 260.26 Cr | Rs. 274.78 Cr | + 5.58 % | + 1.95 % |
Operating Profit | Rs. 50.45 Cr | Rs. 32.72 Cr | Rs. 36.76 Cr | + 12.35 % | -27.14 % |
Net Profit | Rs. 35.58 Cr | Rs. 22.3 Cr | Rs. 24.93 Cr | + 11.79 % | -29.93 % |
EPS in Rs | Rs. 9.26 | Rs. 5.8 | Rs. 6.46 | + 11.38 % | -30.24 % |
In reviewing TCI Express Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.64 % year-on-year, however, there was a minor increase of 6.33 % from the previous quarter. Expenses rose by 1.95 % compared to the previous year, with a 5.58 % increase quarter-on-quarter. Operating Profit dropped by -27.14 % annually, and saw a 12.35 % increase from the last quarter.
Net Profit showed yearly decrease of -29.93 %, and experienced a 11.79 % increase from the previous quarter. Earnings Per Share (EPS) fell by -30.24 % annually, however rose by 11.38 % compared to the last quarter. In essence, while TCI Express 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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