TCI Finance Reports Flat Performance in Q1 FY25, Lowest PBDIT and PBT in 5 Quarters

Aug 06 2024 06:45 PM IST
share
Share Via
TCI Finance, a microcap finance company, reported flat performance in the quarter ending March 2024. The company's operating profit and profit before tax less other income were at their lowest in the last five quarters, indicating a negative trend. The earnings per share also declined, raising concerns about profitability and shareholder earnings.

TCI Finance, a microcap finance company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, TCI Finance has shown a flat performance in the quarter, with no significant changes in the last three months. However, there are some areas of concern based on the financials.


The company’s operating profit (PBDIT) for the quarter was at its lowest in the last five quarters, standing at Rs -0.46 crore. This indicates a negative trend in the near term for the company’s operating profit. Similarly, the profit before tax less other income (PBT) was also at its lowest in the last five quarters, at Rs -0.46 crore. This shows a negative trend in the near term for the company’s PBT.


The earnings per share (EPS) for the quarter was also at its lowest in the last five quarters, at Rs -0.39. This indicates a decline in profitability and lower earnings for shareholders.


It is important to note that this article is based on the company’s financial results and does not include any external data or sources. It is meant to provide neutral and informative information to readers about TCI Finance’s financial performance in the quarter ending March 2024.


{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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