T & I Global Reports Negative Financial Results for Q1 2024, Receives 'Sell' Call from MarketsMOJO
T & I Global, a microcap company in the tea/coffee industry, has reported a negative financial performance for the quarter ending March 2024. The company's net sales, profit after tax, and earnings per share have all declined, leading to a 'Sell' call from MarketsMojo. This trend is expected to continue in the near term.
T & I Global, a microcap company in the tea/coffee industry, recently announced its financial results for the quarter ending March 2024. The results have been declared on May 28, 2024 and have received a 'Sell' call from MarketsMOJO.
The company has seen a negative financial performance in the quarter, with a score of -12 compared to 0 in the previous 3 months. This decline can be attributed to various factors, as seen in the financials.
One of the major concerns is the decrease in net sales, which have fallen by 25.9% to Rs 35.00 crore from the average net sales of the previous four quarters, which stood at Rs 47.23 crore. This indicates a very negative trend in the near term for the company's sales.
The profit after tax (PAT) has also taken a hit, with a decline of 125.2% to Rs -0.76 crore from the average PAT of the previous four quarters, which was Rs 3.02 crore. This shows a very negative trend in the near term for the company's profitability.
Moreover, the net sales for the quarter have been the lowest in the last five quarters, standing at Rs 35.00 crore. This further highlights the negative trend in the company's sales.
The profit before tax less other income (PBT) has also fallen by 9.1% to Rs 2.73 crore from the average PBT of the previous four quarters, which was Rs 3.00 crore. This indicates a negative trend in the near term for the company's PBT.
The earnings per share (EPS) for the quarter have also been the lowest in the last five quarters, standing at Rs -1.50. This shows a decline in profitability and lower earnings for shareholders.
Overall, T & I Global's financial performance for the quarter ending March 2024 has been negative, with a 'Sell' call from MarketsMOJO. The company's sales, profitability, and earnings have all taken a hit, indicating a negative trend in the near term.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
