Tasty Dairy's Q1 FY25 Financial Results Show Negative Performance in Net Sales and Profit
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 areas of concern for Tasty Dairy in the Jun 2024 financials are its net sales and profit after tax (PAT). The company’s net sales for the nine-month period stood at Rs 11.19 crore, showing a decline of -86.47% year on year (YoY). This indicates a very negative sales trend in the near term.
Similarly, the company’s PAT for the same period was at Rs -47.09 crore, also showing a decline of -86.47% YoY. This reflects a very negative trend in the near term for the company’s profitability.
It is important to note that this news article is based on the information provided by the company and does not include any external data or sources. It is intended to provide a neutral and informative tone, without any mention of future potential, investor interest, or expert opinions. The style used is fact-based, focusing solely on the financial performance of Tasty Dairy in the given quarter.
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