Diana Tea Co Reports Strong Financial Growth
Diana Tea Company has reported strong financial results for the quarter ended September 2023, with a significant increase in net sales and standalone net profit. The company's operating profit margin has also improved, indicating increased efficiency. Key factors contributing to its success include a growth in profit before and after tax, as well as a positive trend in net sales and operating profit.
Diana Tea Company, a microcap tea and coffee company, has recently announced its financial results for the quarter ended September 2023. The company's stock has been given a 'Hold' call by MarketsMOJO.In the quarter, the company has shown a significant growth in its net sales, with a 44.48% increase compared to the previous quarter. The standalone net profit has also seen a substantial growth of 157.89%. The operating profit (PBDIT) excluding other income has shown a growth of 120.83%, while the interest has decreased by 8.00%.
The company's operating profit margin has also improved in the quarter, indicating an increase in efficiency. Overall, Diana Tea Co has shown a positive financial performance in the quarter, with a score of 16 compared to 2 in the previous quarter.
Some key factors contributing to the company's success in the quarter include a significant growth in profit before tax (PBT) and profit after tax (PAT), with a growth of 428.5% and 958.4% respectively. The net sales have also seen a positive trend, with a growth of 37.7%. The company's operating profit (PBDIT) has reached its highest in the last five quarters, and the operating profit margin has also shown improvement.
With a positive trend in profitability and earnings per share (EPS), Diana Tea Company has created higher earnings for its shareholders. The company's near-term trend is also positive, indicating a promising future for the microcap tea and coffee industry.
{{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
