Tarai Foods' Financial Results Show Decline in Q1 Performance, Receives 'Sell' Call

Tarai Foods, a microcap company in the FMCG industry, recently announced its financial results for the quarter ending March 2024. The results, declared on June 17, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Tarai Foods has shown a flat performance in the last quarter, with a score of -2 compared to 0 in the previous three months. This indicates a decline in the company's financial health.

One of the major factors contributing to this decline is the company's earnings per share (EPS) for the quarter, which is the lowest in the last five quarters at Rs -0.15. This shows a decrease in profitability and a lower return for shareholders.

Another concerning aspect is the company's debtors turnover ratio, which is at its lowest in the last five half-yearly periods at 0.00 times. This indicates a slowdown in the company's pace of settling its debtors.

While Tarai Foods has been facing challenges in its financial performance, it is important to note that this article is based on facts and does not include any external data or sources. It is important for investors to carefully analyze the company's financials before making any investment decisions.