Share the post "TINE AGRO LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 1906.56 % in YoY and increased by 92.98 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1906.56 % in the past year, substantial increase in net sales/revenue by 92.98 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %,
- Profit over the Year and quarter: Challenges in sustaining profitability for TINE AGRO LIMITED. Profit dropped by -26368.18 % Year to Year, TINE AGRO LIMITED’s profitability increased by 5.05 % in this quarter.
- EPS over the Year and quarter: EPS declined by -106.22 % Year to Year. EPS decreased by -94.52 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.181 Cr | Rs. 22.678 Cr | Rs. 43.763 Cr | + 92.98 % | + 1906.56 % |
Expenses | Rs. 2.21 Cr | Rs. 16.76 Cr | Rs. 37.58 Cr | + 124.22 % | + 1600.45 % |
Operating Profit | Rs. -0.03 Cr | Rs. 5.92 Cr | Rs. 6.18 Cr | + 4.39 % | + 20700 % |
OPM % | -1.38 % | 26.1 % | 14.12 % | -11.98 % | + 15.5 % |
Other Income | Rs. 0 Cr | Rs. -0 Cr | Rs. 0.12 Cr | 0 % | 0 % |
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. -0.03 Cr | Rs. 5.92 Cr | Rs. 6.3 Cr | + 6.42 % | + 21100 % |
Tax % | -26.67 % | 7.01 % | 8.33 % | + 1.32 % | + 35 % |
Net Profit | Rs. -0.02 Cr | Rs. 5.5 Cr | Rs. 5.78 Cr | + 5.09 % | + 29000 % |
EPS in Rs | Rs. -1.93 | Rs. 2.19 | Rs. 0.12 | -94.52 % | + 106.22 % |
Today, we’re looking at TINE AGRO 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 1906.56 %. However, it did see a marginal increase of 92.98 % from the previous quarter. Expenses ticked up slightly by 124.22 % quarter-on-quarter, aligning with the annual rise of 1600.45 %. Operating profit, while up 20700 % compared to last year, faced a quarter-on-quarter increase of 4.39 %, 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 15.5 %, but a shrinkage of -11.98 % sequentially. Profit before tax grew annually by 21100 % but saw an increase from the preceding quarter by 6.42 %.
Tax expenses as a percentage of profits increased slightly by 35 % compared to last year, with a more notable quarter-on-quarter increase of 1.32 %. Net profit rose by 29000 % year-on-year but experienced a 5.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 106.22 % but a quarterly fall of -94.52 %. In summary, TINE AGRO 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. 2.181 Cr | Rs. 22.678 Cr | Rs. 43.763 Cr | + 92.98 % | + 1906.56 % |
Expenses | Rs. 2.21 Cr | Rs. 16.76 Cr | Rs. 37.58 Cr | + 124.22 % | + 1600.45 % |
Operating Profit | Rs. -0.03 Cr | Rs. 5.92 Cr | Rs. 6.18 Cr | + 4.39 % | + 20700 % |
Net Profit | Rs. -0.02 Cr | Rs. 5.5 Cr | Rs. 5.78 Cr | + 5.09 % | + 29000 % |
EPS in Rs | Rs. -1.93 | Rs. 2.19 | Rs. 0.12 | -94.52 % | + 106.22 % |
In reviewing TINE AGRO LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1906.56 % year-on-year growth, however, there was a minor increase of 92.98 % from the previous quarter. Expenses rose by 1600.45 % compared to the previous year, with a 124.22 % increase quarter-on-quarter. Operating Profit surged by 20700 % annually, and saw a 4.39 % increase from the last quarter.
Net Profit showed yearly increase of 29000 %, and experienced a 5.09 % increase from the previous quarter. Earnings Per Share (EPS) rose by 106.22 % annually, however dipped by -94.52 % compared to the last quarter. In essence, while TINE AGRO LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.