Thakral Services Reports Decline in Sales and Profit in Q1 2024
Thakral Services, a microcap company in the electric equipment industry, reported a flat performance in the quarter ending March 2024 with a score of -2 compared to 7 in the previous 3 months. The company's net sales and profit after tax have shown a negative growth of -20.98% year on year, indicating a decline in sales and profitability. MarketsMojo has given a 'Sell' call for the company's stock.
Thakral Services, a microcap company in the electric equipment industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.According to the financial report, Thakral Services has experienced a flat performance in the quarter, with a score of -2 compared to 7 in the previous 3 months. This decline in score can be attributed to various factors.
One of the major concerns for the company is its net sales, which have shown a negative growth of -20.98% year on year, standing at Rs 7.23 crore. This trend is expected to continue in the near term, indicating a decline in sales for the company.
Similarly, the company's profit after tax (PAT) has also shown a negative growth of -20.98% year on year, with a total of Rs -0.35 crore. This trend is also expected to continue in the near term, indicating a decline in profitability for the company.
Overall, Thakral Services has not shown a promising financial performance in the quarter ending March 2024. Investors should take note of the negative trends in net sales and PAT and consider the 'Sell' call given by MarketsMOJO before making any investment decisions.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
