Transcorp Intl. Reports Positive Financial Performance in Q1 FY25, But Areas of Concern Remain

Transcorp International, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive financial performance with a score of 12, a significant improvement from -18 in the previous quarter.

One of the key highlights of the financial report is the growth in Profit Before Tax (PBT) and Profit After Tax (PAT). PBT has grown by 3276.5% to Rs 9.45 crore, while PAT has seen a growth of 59214.3% to Rs 10.38 crore, compared to the average of the previous four quarters. This indicates a very positive trend in the near term for the company.

Transcorp Intl. has also shown a strong performance in terms of its highest PBT and PAT in the last five quarters. This is a positive sign for the company and its shareholders, as it reflects increasing profitability.

The company has also improved its short-term liquidity with the highest cash and cash equivalents of Rs 34.18 crore in the last six half-yearly periods. Additionally, Transcorp Intl. has been distributing higher dividends to its shareholders, with the highest dividend per share of Rs 0.30 in the last five years.

However, there are some areas that need improvement for Transcorp Intl. The net sales for the quarter have fallen by -25.1% compared to the average of the previous four quarters. The company’s operating cash flow has also been decreasing each year in the last three years. Moreover, the increase in non-operating income may not be sustainable in the long run.

Overall, Transcorp Intl. has shown a positive financial performance in the quarter ending June 2024. However, the company needs to address the areas of concern to maintain its growth in the future. Investors should take note of the ‘Strong Sell’ stock call by MarketsMOJO and make informed decisions.