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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 -12.88 % over the year, substantial increase in net sales/revenue by 222.66 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -19.32 %, Marginal increase in other income during this quarter, up by 46.61%.
- Profit over the Year and quarter: Significant improvement in profitability for Tyroon Tea Co. Ltd.. Notable increase of 21.97 % in net profit Year to Year, Tyroon Tea Co. Ltd.’s profitability dropped by -135.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 22.05 % Year to Year. EPS decreased by -135.63 % 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. 9.97 Cr | Rs. 2.692 Cr | Rs. 8.686 Cr | + 222.66 % | -12.88 % |
Expenses | Rs. 8.79 Cr | Rs. 8.9 Cr | Rs. 6.91 Cr | -22.36 % | -21.39 % |
Operating Profit | Rs. 1.18 Cr | Rs. -6.21 Cr | Rs. 1.78 Cr | + 128.66 % | + 50.85 % |
OPM % | 11.84 % | -230.68 % | 20.49 % | + 251.17 % | + 8.65 % |
Other Income | Rs. 1.154 Cr | Rs. 0.635 Cr | Rs. 0.931 Cr | + 46.61 % | -19.32 % |
Interest | Rs. 0.19 Cr | Rs. 0.09 Cr | Rs. 0.15 Cr | + 66.67 % | -21.05 % |
Depreciation | Rs. 0.21 Cr | Rs. 0.31 Cr | Rs. 0.2 Cr | -35.48 % | -4.76 % |
Profit before tax | Rs. 1.93 Cr | Rs. -5.98 Cr | Rs. 2.36 Cr | + 139.46 % | + 22.28 % |
Tax % | 0 % | -10.61 % | 0 % | + 10.61 % | 0 % |
Net Profit | Rs. 1.93 Cr | Rs. -6.61 Cr | Rs. 2.35 Cr | + 135.55 % | + 21.76 % |
EPS in Rs | Rs. 5.67 | Rs. -19.42 | Rs. 6.92 | + 135.63 % | + 22.05 % |
Today, we’re looking at Tyroon Tea Co. Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -12.88 %. However, it did see a marginal increase of 222.66 % from the previous quarter. Expenses decreased slightly by -22.36 % quarter-on-quarter, aligning with the annual decline of -21.39 %. Operating profit, while up 50.85 % compared to last year, faced a quarter-on-quarter increase of 128.66 %, 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 8.65 %, but an expansion of 251.17 % sequentially. Other income rose by 46.61 % compared to the last quarter, despite an annual decline of -19.32 %. Interest expenses surged remarkably by 66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.05 %. Depreciation costs fell by -35.48 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.76 %. Profit before tax grew annually by 22.28 % but saw an increase from the preceding quarter by 139.46 %.
with a more notable quarter-on-quarter increase of 10.61 %. Net profit rose by 21.76 % year-on-year but experienced a 135.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.05 % but a quarterly rise of 135.63 %. In summary, Tyroon Tea Co. 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. 9.97 Cr | Rs. 2.692 Cr | Rs. 8.686 Cr | + 222.66 % | -12.88 % |
Expenses | Rs. 8.79 Cr | Rs. 8.9 Cr | Rs. 6.91 Cr | -22.36 % | -21.39 % |
Operating Profit | Rs. 1.18 Cr | Rs. -6.21 Cr | Rs. 1.78 Cr | + 128.66 % | + 50.85 % |
Net Profit | Rs. 1.93 Cr | Rs. -6.61 Cr | Rs. 2.35 Cr | + 135.55 % | + 21.76 % |
EPS in Rs | Rs. 5.67 | Rs. -19.42 | Rs. 6.92 | + 135.63 % | + 22.05 % |
In reviewing Tyroon Tea Co. Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.88 % year-on-year, however, there was a minor increase of 222.66 % from the previous quarter. Expenses decreased by -21.39 % compared to the previous year, with a decrease of -22.36 % quarter-on-quarter. Operating Profit surged by 50.85 % annually, and saw a 128.66 % increase from the last quarter.
Net Profit showed yearly increase of 21.76 %, and experienced a 135.55 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.05 % annually, however rose by 135.63 % compared to the last quarter. In essence, while Tyroon Tea Co. 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.
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