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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