Tega Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 27.89 %, QoQ Up 49.02 %

The comprehensive analytics outlining the performance and outlook of Tega Industries 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 Tega Industries 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 27.89 %. However, it did see a marginal increase of 49.02 % from the previous quarter. Expenses ticked up slightly by 29.57 % quarter-on-quarter, aligning with the annual rise of 25.4 %. Operating profit, while up 35.02 % compared to last year, faced a quarter-on-quarter increase of 147.57 %, 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 1.45 %, but an expansion of 10.91 % sequentially. Other income fell by -21.52 % compared to the last quarter, despite an annual decline of -27.5 %. Interest expenses dropped significantly by -2.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 129.78 %. Depreciation costs climbed by 60.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 85.41 %. Profit before tax grew annually by 20.27 % but saw an increase from the preceding quarter by 173.76 %.
Tax expenses as a percentage of profits increased slightly by 3.03 % compared to last year, with a more notable quarter-on-quarter increase of 6.97 %. Net profit rose by 15.83 % year-on-year but experienced a 151.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.58 % but a quarterly rise of 151.5 %. In summary, Tega Industries Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Tega Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.89 % year-on-year growth, however, there was a minor increase of 49.02 % from the previous quarter. Expenses rose by 25.4 % compared to the previous year, with a 29.57 % increase quarter-on-quarter. Operating Profit surged by 35.02 % annually, and saw a 147.57 % increase from the last quarter.
Net Profit showed yearly increase of 15.83 %, and experienced a 151.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.58 % annually, however rose by 151.5 % compared to the last quarter. In essence, while Tega Industries Limited exhibits strong annual growth 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.