TAAL Enterprises Reports Positive Financial Results for Q1 FY25, Advised to Hold by MarketsMOJO

Aug 14 2024 11:56 PM IST
share
Share Via
TAAL Enterprises, a microcap company in the miscellaneous industry, has reported its financial results for the quarter ending March 2024. The company's operating profit and margin were the highest in the last five quarters, indicating an improvement in efficiency. The profit before and after tax also showed positive trends, with a 26.4% growth year on year. MarketsMojo has advised investors to hold their stocks.

TAAL Enterprises, a microcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, TAAL Enterprises has maintained a flat performance in the quarter, with no significant changes in the last three months. However, there are some positive aspects to note from the company’s financials.


The company’s operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs 14.10 crore. This shows a positive trend in the near term for TAAL Enterprises. Additionally, the operating profit margin for the quarter was also the highest in the last five quarters, at 29.39%. This indicates an improvement in the company’s efficiency.


Furthermore, the profit before tax (PBT) less other income for the quarter was the highest in the last five quarters, at Rs 12.43 crore. The near term trend for PBT is also positive. The profit after tax (PAT) for the quarter was Rs 10.76 crore, showing a growth of 26.4% year on year. The near term trend for PAT is also positive.


Overall, TAAL Enterprises has shown a stable financial performance in the quarter ending March 2024. Investors are advised to hold their stocks, as suggested by MarketsMOJO.


{{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