Share the post "TTL ENTERPRISES ‘s Q1 Report: Revenue Falls by 85.55% YoY"
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 -85.55 % over the year, decrease in net sales/revenue by -52.18 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for TTL ENTERPRISES LIMITED. Profit dropped by -98.94 % Year to Year, TTL ENTERPRISES LIMITED’s profitability dropped by -101.86 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -98.99 % Year to Year. EPS decreased by -101.77 % 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. 7.756 Cr | Rs. 2.344 Cr | Rs. 1.121 Cr | -52.18 % | -85.55 % |
Expenses | Rs. 7.15 Cr | Rs. 2.94 Cr | Rs. 1.11 Cr | -62.24 % | -84.48 % |
Operating Profit | Rs. 0.61 Cr | Rs. -0.6 Cr | Rs. 0.01 Cr | + 101.67 % | -98.36 % |
OPM % | 7.86 % | -25.6 % | 0.89 % | + 26.49 % | -6.97 % |
Other Income | Rs. 0.331 Cr | Rs. 0 Cr | Rs. 0 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. 0.94 Cr | Rs. -0.6 Cr | Rs. 0.01 Cr | + 101.67 % | -98.94 % |
Tax % | 19.66 % | -27.64 % | 30 % | + 57.64 % | + 10.34 % |
Net Profit | Rs. 0.76 Cr | Rs. -0.43 Cr | Rs. 0.01 Cr | + 102.33 % | -98.68 % |
EPS in Rs | Rs. 108.61 | Rs. -61.98 | Rs. 1.1 | + 101.77 % | -98.99 % |
Today, we’re looking at TTL ENTERPRISES LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -85.55 %. However, it did see a marginal slip of -52.18 % from the previous quarter. Expenses decreased slightly by -62.24 % quarter-on-quarter, aligning with the annual decline of -84.48 %. Operating profit, while down -98.36 % compared to last year, faced a quarter-on-quarter increase of 101.67 %, 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 -6.97 %, but an expansion of 26.49 % sequentially. Profit before tax declined annually by -98.94 % but saw an increase from the preceding quarter by 101.67 %.
Tax expenses as a percentage of profits increased slightly by 10.34 % compared to last year, with a more notable quarter-on-quarter increase of 57.64 %. Net profit fell by -98.68 % year-on-year but experienced a 102.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -98.99 % but a quarterly rise of 101.77 %. In summary, TTL ENTERPRISES 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. 7.756 Cr | Rs. 2.344 Cr | Rs. 1.121 Cr | -52.18 % | -85.55 % |
Expenses | Rs. 7.15 Cr | Rs. 2.94 Cr | Rs. 1.11 Cr | -62.24 % | -84.48 % |
Operating Profit | Rs. 0.61 Cr | Rs. -0.6 Cr | Rs. 0.01 Cr | + 101.67 % | -98.36 % |
Net Profit | Rs. 0.76 Cr | Rs. -0.43 Cr | Rs. 0.01 Cr | + 102.33 % | -98.68 % |
EPS in Rs | Rs. 108.61 | Rs. -61.98 | Rs. 1.1 | + 101.77 % | -98.99 % |
In reviewing TTL ENTERPRISES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -85.55 % year-on-year, although there was a slight dip of -52.18 % from the previous quarter. Expenses decreased by -84.48 % compared to the previous year, with a decrease of -62.24 % quarter-on-quarter. Operating Profit dropped by -98.36 % annually, and saw a 101.67 % increase from the last quarter.
Net Profit showed yearly decrease of -98.68 %, and experienced a 102.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -98.99 % annually, however rose by 101.77 % compared to the last quarter. In essence, while TTL ENTERPRISES LIMITED faces strong annual decline 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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