Tasty Dairy Specialities Reports Negative Performance in Q1 FY25 Financial Results

Aug 14 2024 11:56 PM IST
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Tasty Dairy Specialities, a microcap company in the FMCG industry, reported a negative performance in the quarter ending March 2024, with a score of -8. This is an improvement from the previous quarter's score of -20. The company's net sales and Profit After Tax have both seen a decline of 86.47% year on year, indicating a negative trend in the near term. Investors should carefully consider all factors before making any investment decisions.
Tasty Dairy Specialities Reports Negative Performance in Q1 FY25 Financial Results

Tasty Dairy Specialities, a microcap company in the FMCG industry, recently announced its financial results for the quarter ending March 2024. The results, declared on August 14, 2024, have received a ‘Strong Sell’ call from MarketsMOJO.

According to the financial report, Tasty Dairy has seen a negative performance in the quarter, with a score of -8. However, this is an improvement from the previous quarter’s score of -20.

The main factor contributing to this negative performance is the company’s net sales, which have decreased by 86.47% year on year, standing at Rs 11.19 crore. This trend is expected to continue in the near term.

Similarly, the company’s Profit After Tax (PAT) has also seen a decline of 86.47% year on year, with a current value of Rs -47.09 crore. This indicates a negative trend in the near term for the company’s profitability.

While Tasty Dairy Specialities may have faced challenges in the recent quarter, it is important to note that this is a microcap company and its performance may not be reflective of the entire FMCG industry. Investors are advised to carefully consider all factors before making any investment decisions.

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