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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 68.83 % in the past year, substantial increase in net sales/revenue by 92.88 %.
- 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 57.14 %. Marginal decrease of -42.11% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tinna Trade Limited. Profit dropped by -97.03 % Year to Year, Tinna Trade Limited’s profitability dropped by -800 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -96.36 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 52.459 Cr | Rs. 45.918 Cr | Rs. 88.568 Cr | + 92.88 % | + 68.83 % |
Expenses | Rs. 51.24 Cr | Rs. 45.02 Cr | Rs. 87.38 Cr | + 94.09 % | + 70.53 % |
Operating Profit | Rs. 1.22 Cr | Rs. 0.9 Cr | Rs. 1.19 Cr | + 32.22 % | -2.46 % |
OPM % | 2.33 % | 1.96 % | 1.34 % | -0.62 % | -0.99 % |
Other Income | Rs. 0.07 Cr | Rs. 0.19 Cr | Rs. 0.11 Cr | -42.11 % | + 57.14 % |
Interest | Rs. 1.17 Cr | Rs. 0.98 Cr | Rs. 1.19 Cr | + 21.43 % | + 1.71 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | -25 % |
Profit before tax | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | + 0 % |
Tax % | 739.19 % | 97.5 % | 119.44 % | + 21.94 % | -619.75 % |
Net Profit | Rs. -0.47 Cr | Rs. 0 Cr | Rs. -0.01 Cr | 0 % | + 97.87 % |
EPS in Rs | Rs. -0.55 | Rs. 0 | Rs. -0.02 | 0 % | + 96.36 % |
Today, we’re looking at Tinna Trade 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 68.83 %. However, it did see a marginal increase of 92.88 % from the previous quarter. Expenses ticked up slightly by 94.09 % quarter-on-quarter, aligning with the annual rise of 70.53 %. Operating profit, while down -2.46 % compared to last year, faced a quarter-on-quarter increase of 32.22 %, 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 -0.99 %, but a shrinkage of -0.62 % sequentially. Other income fell by -42.11 % compared to the last quarter, despite an annual growth of 57.14 %. Interest expenses surged remarkably by 21.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.71 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -619.75 % compared to last year, with a more notable quarter-on-quarter increase of 21.94 %. Net profit rose by 97.87 % year-on-year And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.36 % In summary, Tinna Trade 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. 52.459 Cr | Rs. 45.918 Cr | Rs. 88.568 Cr | + 92.88 % | + 68.83 % |
Expenses | Rs. 51.24 Cr | Rs. 45.02 Cr | Rs. 87.38 Cr | + 94.09 % | + 70.53 % |
Operating Profit | Rs. 1.22 Cr | Rs. 0.9 Cr | Rs. 1.19 Cr | + 32.22 % | -2.46 % |
Net Profit | Rs. -0.47 Cr | Rs. 0 Cr | Rs. -0.01 Cr | 0 % | + 97.87 % |
EPS in Rs | Rs. -0.55 | Rs. 0 | Rs. -0.02 | 0 % | + 96.36 % |
In reviewing Tinna Trade Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 68.83 % year-on-year growth, however, there was a minor increase of 92.88 % from the previous quarter. Expenses rose by 70.53 % compared to the previous year, with a 94.09 % increase quarter-on-quarter. Operating Profit dropped by -2.46 % annually, and saw a 32.22 % increase from the last quarter.
Net Profit showed yearly increase of 97.87 %, Earnings Per Share (EPS) rose by 96.36 % annually, In essence, while Tinna Trade 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.