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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.28 % over the year, substantial increase in net sales/revenue by 32.09 %.
- 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 128.84 %. Marginal increase in other income during this quarter, up by 228.36%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TRF Ltd. Profit dropped by -13.86 % Year to Year, TRF Ltd’s profitability increased by 418.62 % in this quarter.
- EPS over the Year and quarter: EPS declined by -13.83 % Year to Year. EPS increased by 420.91 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 38.893 Cr | Rs. 28.771 Cr | Rs. 38.005 Cr | + 32.09 % | -2.28 % |
| Expenses | Rs. 34.96 Cr | Rs. 17.07 Cr | Rs. 32.7 Cr | + 91.56 % | -6.46 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 11.7 Cr | Rs. 5.31 Cr | -54.62 % | + 35.11 % |
| OPM % | 10.1 % | 40.67 % | 13.97 % | -26.7 % | + 3.87 % |
| Other Income | Rs. 2.67 Cr | Rs. -4.76 Cr | Rs. 6.11 Cr | + 228.36 % | + 128.84 % |
| Interest | Rs. 5.5 Cr | Rs. 3.1 Cr | Rs. 4.5 Cr | + 45.16 % | -18.18 % |
| Depreciation | Rs. 0.48 Cr | Rs. 0.55 Cr | Rs. 0.62 Cr | + 12.73 % | + 29.17 % |
| Profit before tax | Rs. 0.62 Cr | Rs. 3.29 Cr | Rs. 6.3 Cr | + 91.49 % | + 916.13 % |
| Tax % | 101.23 % | 19.12 % | 0.03 % | -19.09 % | -101.2 % |
| Net Profit | Rs. 7.31 Cr | Rs. 1.21 Cr | Rs. 6.3 Cr | + 420.66 % | -13.82 % |
| EPS in Rs | Rs. 5.8 | Rs. 1.1 | Rs. 5.73 | + 420.91 % | -1.21 % |
Today, we’re looking at TRF Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.28 %. However, it did see a marginal increase of 32.09 % from the previous quarter. Expenses ticked up slightly by 91.56 % quarter-on-quarter, aligning with the annual decline of -6.46 %. Operating profit, while up 35.11 % compared to last year, faced a quarter-on-quarter dip of -54.62 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.87 %, but a shrinkage of -26.7 % sequentially. Other income rose by 228.36 % compared to the last quarter, despite an annual growth of 128.84 %. Interest expenses surged remarkably by 45.16 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.18 %. Depreciation costs climbed by 12.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.17 %. Profit before tax grew annually by 916.13 % but saw an increase from the preceding quarter by 91.49 %.
Tax expenses as a percentage of profits decreased slightly by -101.2 % compared to last year, with a more notable quarter-on-quarter decrease of -19.09 %. Net profit fell by -13.82 % year-on-year but experienced a 420.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.21 % but a quarterly rise of 420.91 %. In summary, TRF 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. 38.893 Cr | Rs. 28.771 Cr | Rs. 38.005 Cr | + 32.09 % | -2.28 % |
| Expenses | Rs. 34.96 Cr | Rs. 17.07 Cr | Rs. 32.7 Cr | + 91.56 % | -6.46 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 11.7 Cr | Rs. 5.31 Cr | -54.62 % | + 35.11 % |
| Net Profit | Rs. 7.31 Cr | Rs. 1.21 Cr | Rs. 6.3 Cr | + 420.66 % | -13.82 % |
| EPS in Rs | Rs. 5.8 | Rs. 1.1 | Rs. 5.73 | + 420.91 % | -1.21 % |
In reviewing TRF Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.28 % year-on-year, however, there was a minor increase of 32.09 % from the previous quarter. Expenses decreased by -6.46 % compared to the previous year, with a 91.56 % increase quarter-on-quarter. Operating Profit surged by 35.11 % annually, and saw a -54.62 % decrease from the last quarter.
Net Profit showed yearly decrease of -13.82 %, and experienced a 420.66 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.21 % annually, however rose by 420.91 % compared to the last quarter. In essence, while TRF 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.
