TCNS Clothing Co. Reports Decline in Financial Performance for Q1 FY25

Operating Profit – Quarterly: At Rs 16.86 cr has Fallen at -38.3 % over average Operating Profit of the previous four quarters of Rs 27.31 Cr. This indicates a decline in the company’s profitability.

Operating Profit Margin – Quarterly: At 8.2 % has Fallen at -5.3 % over average Operating Profit Margin of the previous four quarters of 13.5 %. This shows a decrease in the company’s ability to generate profits from its operations.

Net Profit – Quarterly: At Rs 9.96 cr has Fallen at -48.2 % over average Net Profit of the previous four quarters of Rs 19.23 Cr. This indicates a decline in the company’s overall profitability.

Net Profit Margin – Quarterly: At 4.8 % has Fallen at -5.1 % over average Net Profit Margin of the previous four quarters of 9.9 %. This shows a decrease in the company’s ability to generate profits after accounting for all expenses.

Overall, TCNS Clothing Co. has reported a decline in its financial performance for the quarter ending Jun 2024. The company’s net sales, operating profit, and net profit have all decreased compared to the previous four quarters. This could be attributed to various factors such as changing market conditions, increased competition, and economic slowdown. As a result, MarketsMOJO has given a ‘Sell’ call for the company’s stock. Investors should carefully consider these financial results before making any investment decisions.