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THAKRAL SERVICES (INDIA) ‘s Q1 Update: Profit Grows by 96.83% YoY

September 24, 2024September 24, 2024| adminadmin| 0 Comments| 8:20 pm
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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -95.19 % over the year, decrease in net sales/revenue by -91.82 %.
  • 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 4.08 %. Marginal decrease of -6.42% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for THAKRAL SERVICES (INDIA) LTD.. Profit dropped by -96.76 % Year to Year, THAKRAL SERVICES (INDIA) LTD.’s profitability dropped by -72.21 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -96.64 % Year to Year. EPS decreased by -70.97 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of THAKRAL SERVICES (INDIA) LTD.‘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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 5.529 Cr Rs. 3.253 Cr Rs. 0.266 Cr -91.82 % -95.19 %
Expenses Rs. 8.55 Cr Rs. 3.72 Cr Rs. 0.47 Cr -87.37 % -94.5 %
Operating Profit Rs. -3.02 Cr Rs. -0.47 Cr Rs. -0.2 Cr + 57.45 % + 93.38 %
OPM % -54.62 % -14.45 % -75.19 % -60.74 % -20.57 %
Other Income Rs. 0.098 Cr Rs. 0.109 Cr Rs. 0.102 Cr -6.42 % + 4.08 %
Interest Rs. 0.04 Cr Rs. 0.01 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.18 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -3.14 Cr Rs. -0.37 Cr Rs. -0.1 Cr + 72.97 % + 96.82 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -3.15 Cr Rs. -0.37 Cr Rs. -0.1 Cr + 72.97 % + 96.83 %
EPS in Rs Rs. -2.68 Rs. -0.31 Rs. -0.09 + 70.97 % + 96.64 %


Today, we’re looking at THAKRAL SERVICES (INDIA) LTD.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -95.19 %. However, it did see a marginal slip of -91.82 % from the previous quarter. Expenses decreased slightly by -87.37 % quarter-on-quarter, aligning with the annual decline of -94.5 %. Operating profit, while up 93.38 % compared to last year, faced a quarter-on-quarter increase of 57.45 %, 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 -20.57 %, but a shrinkage of -60.74 % sequentially. Other income fell by -6.42 % compared to the last quarter, despite an annual growth of 4.08 %. Profit before tax grew annually by 96.82 % but saw an increase from the preceding quarter by 72.97 %.
Net profit rose by 96.83 % year-on-year but experienced a 72.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.64 % but a quarterly rise of 70.97 %. In summary, THAKRAL SERVICES (INDIA) 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. 5.529 Cr Rs. 3.253 Cr Rs. 0.266 Cr -91.82 % -95.19 %
Expenses Rs. 8.55 Cr Rs. 3.72 Cr Rs. 0.47 Cr -87.37 % -94.5 %
Operating Profit Rs. -3.02 Cr Rs. -0.47 Cr Rs. -0.2 Cr + 57.45 % + 93.38 %
Net Profit Rs. -3.15 Cr Rs. -0.37 Cr Rs. -0.1 Cr + 72.97 % + 96.83 %
EPS in Rs Rs. -2.68 Rs. -0.31 Rs. -0.09 + 70.97 % + 96.64 %


In reviewing THAKRAL SERVICES (INDIA) LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -95.19 % year-on-year, although there was a slight dip of -91.82 % from the previous quarter. Expenses decreased by -94.5 % compared to the previous year, with a decrease of -87.37 % quarter-on-quarter. Operating Profit surged by 93.38 % annually, and saw a 57.45 % increase from the last quarter.
Net Profit showed yearly increase of 96.83 %, and experienced a 72.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 96.64 % annually, however rose by 70.97 % compared to the last quarter. In essence, while THAKRAL SERVICES (INDIA) 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.

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