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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 39.71 % in the past year, decrease in net sales/revenue by -60.14 %.
- 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 108.61 %. Marginal increase in other income during this quarter, up by 135.01%.
- Profit over the Year and quarter: Significant improvement in profitability for Terai Tea Co. Ltd.. Notable increase of 189.31 % in net profit Year to Year, Terai Tea Co. Ltd.’s profitability increased by 1651.05 % in this quarter.
- EPS over the Year and quarter: EPS increased by 188.84 % Year to Year. EPS increased by 1626.19 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.968 Cr | Rs. 45.455 Cr | Rs. 18.117 Cr | -60.14 % | + 39.71 % |
Expenses | Rs. 12.77 Cr | Rs. 47.27 Cr | Rs. 16.81 Cr | -64.44 % | + 31.64 % |
Operating Profit | Rs. 0.2 Cr | Rs. -1.82 Cr | Rs. 1.31 Cr | + 171.98 % | + 555 % |
OPM % | 1.54 % | -4 % | 7.23 % | + 11.23 % | + 5.69 % |
Other Income | Rs. 2.172 Cr | Rs. 1.928 Cr | Rs. 4.531 Cr | + 135.01 % | + 108.61 % |
Interest | Rs. 0.62 Cr | Rs. 0.64 Cr | Rs. 0.81 Cr | + 26.56 % | + 30.65 % |
Depreciation | Rs. 0.37 Cr | Rs. 0.27 Cr | Rs. 0.36 Cr | + 33.33 % | -2.7 % |
Profit before tax | Rs. 1.38 Cr | Rs. -0.8 Cr | Rs. 4.67 Cr | + 683.75 % | + 238.41 % |
Tax % | 0 % | -27.19 % | 0 % | + 27.19 % | 0 % |
Net Profit | Rs. 1.73 Cr | Rs. 0.29 Cr | Rs. 5.01 Cr | + 1627.59 % | + 189.6 % |
EPS in Rs | Rs. 2.51 | Rs. 0.42 | Rs. 7.25 | + 1626.19 % | + 188.84 % |
Today, we’re looking at Terai Tea Co. Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 39.71 %. However, it did see a marginal slip of -60.14 % from the previous quarter. Expenses decreased slightly by -64.44 % quarter-on-quarter, aligning with the annual rise of 31.64 %. Operating profit, while up 555 % compared to last year, faced a quarter-on-quarter increase of 171.98 %, 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 5.69 %, but an expansion of 11.23 % sequentially. Other income rose by 135.01 % compared to the last quarter, despite an annual growth of 108.61 %. Interest expenses surged remarkably by 26.56 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.65 %. Depreciation costs climbed by 33.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.7 %. Profit before tax grew annually by 238.41 % but saw an increase from the preceding quarter by 683.75 %.
with a more notable quarter-on-quarter increase of 27.19 %. Net profit rose by 189.6 % year-on-year but experienced a 1627.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 188.84 % but a quarterly rise of 1626.19 %. In summary, Terai Tea Co. Ltd.’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. 12.968 Cr | Rs. 45.455 Cr | Rs. 18.117 Cr | -60.14 % | + 39.71 % |
Expenses | Rs. 12.77 Cr | Rs. 47.27 Cr | Rs. 16.81 Cr | -64.44 % | + 31.64 % |
Operating Profit | Rs. 0.2 Cr | Rs. -1.82 Cr | Rs. 1.31 Cr | + 171.98 % | + 555 % |
Net Profit | Rs. 1.73 Cr | Rs. 0.29 Cr | Rs. 5.01 Cr | + 1627.59 % | + 189.6 % |
EPS in Rs | Rs. 2.51 | Rs. 0.42 | Rs. 7.25 | + 1626.19 % | + 188.84 % |
In reviewing Terai Tea Co. Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 39.71 % year-on-year growth, although there was a slight dip of -60.14 % from the previous quarter. Expenses rose by 31.64 % compared to the previous year, with a decrease of -64.44 % quarter-on-quarter. Operating Profit surged by 555 % annually, and saw a 171.98 % increase from the last quarter.
Net Profit showed yearly increase of 189.6 %, and experienced a 1627.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 188.84 % annually, however rose by 1626.19 % compared to the last quarter. In essence, while Terai Tea Co. Ltd. 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.