Tata Teleservices (Maharashtra) Reports Flat Performance in Q2 FY25, Strong Operating Cash Flow and Net Sales

Oct 24 2024 03:16 PM IST
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Tata Teleservices (Maharashtra) has reported its financial results for the quarter ending September 2024, showing a flat performance but a slight improvement in overall score. The company's strong operating cash flow and consistent growth in net sales are positive factors, but its declining profit before tax and earnings per share indicate areas for improvement. MarketsMojo has given a 'Strong Sell' call for the company's stock.

Tata Teleservices (Maharashtra), a midcap telecommunication service provider, has recently declared its financial results for the quarter ending September 2024. According to the latest report, the company has seen a flat performance in terms of financials. However, there has been a slight improvement in the overall score, which has increased from -1 to 1 in the last three months.


One of the key factors contributing to this improvement is the company’s strong operating cash flow, which has been consistently growing over the past three years. In the last quarter, Tata Teleservices (Maharashtra) recorded the highest operating cash flow of Rs 586.07 crore, indicating a strong revenue generation from its business operations.


Another positive aspect of the company’s financials is its net sales, which have been consistently growing each quarter in the last five quarters. In the latest quarter, Tata Teleservices (Maharashtra) recorded the highest net sales of Rs 343.50 crore, indicating a positive sales trend in the near term.


However, there are some areas where the company needs to improve. One of them is its profit before tax (PBT) less other income, which has been consistently declining in the last five quarters. In the latest quarter, the company recorded the lowest PBT of Rs -331.92 crore, indicating a negative trend in the near term.


Moreover, the company’s earnings per share (EPS) have also been declining, with the latest quarter recording the lowest EPS of Rs -1.69 in the last five quarters. This indicates a declining profitability and lower earnings for shareholders.


Based on these financial results, MarketsMOJO has given a ‘Strong Sell’ call for Tata Teleservices (Maharashtra) stock. Investors should carefully consider these financials before making any investment decisions.


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