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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 10.32 % in the past year, substantial increase in net sales/revenue by 10.3 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.61 %, Marginal increase in other income during this quarter, up by 4.42%.
- Profit over the Year and quarter: Significant improvement in profitability for TVS Holdings Limited. Notable increase of 30.94 % in net profit Year to Year, TVS Holdings Limited’s profitability increased by 24.48 % in this quarter.
- EPS over the Year and quarter: EPS increased by 22.09 % Year to Year. EPS increased by 28.3 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10473.28 Cr | Rs. 10475.65 Cr | Rs. 11554.44 Cr | + 10.3 % | + 10.32 % |
Expenses | Rs. 9123.69 Cr | Rs. 8983.55 Cr | Rs. 9877.88 Cr | + 9.96 % | + 8.27 % |
Operating Profit | Rs. 1349.59 Cr | Rs. 1492.1 Cr | Rs. 1676.56 Cr | + 12.36 % | + 24.23 % |
OPM % | 12.89 % | 14.24 % | 14.51 % | + 0.27 % | + 1.62 % |
Other Income | Rs. 144.76 Cr | Rs. 7.47 Cr | Rs. 7.8 Cr | + 4.42 % | -94.61 % |
Interest | Rs. 516.87 Cr | Rs. 519.88 Cr | Rs. 522.22 Cr | + 0.45 % | + 1.04 % |
Depreciation | Rs. 251.54 Cr | Rs. 247.41 Cr | Rs. 260.77 Cr | + 5.4 % | + 3.67 % |
Profit before tax | Rs. 725.94 Cr | Rs. 732.28 Cr | Rs. 901.37 Cr | + 23.09 % | + 24.17 % |
Tax % | 36.48 % | 33.48 % | 32.9 % | -0.58 % | -3.58 % |
Net Profit | Rs. 457.31 Cr | Rs. 481.03 Cr | Rs. 598.81 Cr | + 24.48 % | + 30.94 % |
EPS in Rs | Rs. 112.65 | Rs. 107.2 | Rs. 137.54 | + 28.3 % | + 22.09 % |
Today, we’re looking at TVS Holdings Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.32 %. However, it did see a marginal increase of 10.3 % from the previous quarter. Expenses ticked up slightly by 9.96 % quarter-on-quarter, aligning with the annual rise of 8.27 %. Operating profit, while up 24.23 % compared to last year, faced a quarter-on-quarter increase of 12.36 %, 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 1.62 %, but an expansion of 0.27 % sequentially. Other income rose by 4.42 % compared to the last quarter, despite an annual decline of -94.61 %. Interest expenses surged remarkably by 0.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.04 %. Depreciation costs climbed by 5.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.67 %. Profit before tax grew annually by 24.17 % but saw an increase from the preceding quarter by 23.09 %.
Tax expenses as a percentage of profits decreased slightly by -3.58 % compared to last year, with a more notable quarter-on-quarter decrease of -0.58 %. Net profit rose by 30.94 % year-on-year but experienced a 24.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.09 % but a quarterly rise of 28.3 %. In summary, TVS Holdings 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. 10473.28 Cr | Rs. 10475.65 Cr | Rs. 11554.44 Cr | + 10.3 % | + 10.32 % |
Expenses | Rs. 9123.69 Cr | Rs. 8983.55 Cr | Rs. 9877.88 Cr | + 9.96 % | + 8.27 % |
Operating Profit | Rs. 1349.59 Cr | Rs. 1492.1 Cr | Rs. 1676.56 Cr | + 12.36 % | + 24.23 % |
Net Profit | Rs. 457.31 Cr | Rs. 481.03 Cr | Rs. 598.81 Cr | + 24.48 % | + 30.94 % |
EPS in Rs | Rs. 112.65 | Rs. 107.2 | Rs. 137.54 | + 28.3 % | + 22.09 % |
In reviewing TVS Holdings Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.32 % year-on-year growth, however, there was a minor increase of 10.3 % from the previous quarter. Expenses rose by 8.27 % compared to the previous year, with a 9.96 % increase quarter-on-quarter. Operating Profit surged by 24.23 % annually, and saw a 12.36 % increase from the last quarter.
Net Profit showed yearly increase of 30.94 %, and experienced a 24.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.09 % annually, however rose by 28.3 % compared to the last quarter. In essence, while TVS Holdings Limited 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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