Tasty Dairy Specialities Reports Negative Performance in Q1 FY25 Financial Results

Aug 14 2024 11:56 PM IST
share
Share Via
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, 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.


{{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