T T's Financial Performance Declines in Q2, 'Sell' Call by MarketsMOJO

Overall, T T has seen a decline in its financial performance for the quarter ending Jun 2024. The company's net sales, profit before tax, and profit after tax have all decreased significantly compared to the previous four quarters. This has resulted in a negative trend for the company's overall score, which has fallen from 23 to -10 in the last three months.

However, there are some positive aspects to T T's financials. The company's earnings per share for the quarter were the highest in the last five quarters, indicating an increase in profitability and higher earnings for shareholders.

On the other hand, the company's net sales have fallen by 22.2% compared to the average of the previous four quarters, indicating a negative trend in sales. The profit before tax and profit after tax have also seen a significant decline, with the company reporting a loss of Rs -7.04 cr and Rs -4.62 cr respectively.

Another concerning aspect is the company's ability to manage interest payments, with the operating profit to interest ratio being the lowest in the last five quarters. This indicates a deteriorating financial position for T T.

In conclusion, T T's financial results for the quarter ending Jun 2024 have been declared as negative, with a 'Sell' call by MarketsMOJO. The company's net sales, profitability, and efficiency have all seen a decline, while its ability to manage interest payments is also a cause for concern. Investors should carefully consider these factors before making any investment decisions.