Transcorp International Reports Decline in Sales and Profit Amid Improved Liquidity for Q4 2024

Transcorp International has recently reported its financial results for the quarter ending December 2024, revealing notable shifts in its performance metrics. The evaluation changes indicate a significant decline in the company's score, which has dropped to -10 from a previous score of 4 over the last three months.
On a positive note, Transcorp International has achieved its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 55.04 crore, suggesting an improvement in short-term liquidity. However, the company faces challenges as its net sales for the quarter stand at Rs 291.79 crore, reflecting a substantial decline compared to the average net sales of the previous four quarters, which were Rs 447.17 crore.

Additionally, the profit before tax has also shown a negative trend, with a reported loss of Rs -2.07 crore, significantly lower than the average profit before tax of Rs 1.79 crore from the previous four quarters. The profit after tax mirrors this trend, with a loss of Rs -1.56 crore compared to an average profit of Rs 2.29 crore. Furthermore, the debtors turnover ratio has reached its lowest point in the last five half-yearly periods, indicating a slowdown in the company's ability to settle its debtors.

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