TVS Electronics Reports Mixed Performance in Q1 FY25 Financial Results

Aug 12 2024 08:16 AM IST
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TVS Electronics, a microcap IT hardware company, has announced its financial results for the quarter ending June 2024. The company's net sales have shown a positive trend, with a growth of 21.6% compared to the previous four quarters. However, the profit after tax has decreased significantly, indicating a mixed performance for the company. Investors should carefully evaluate these factors before making any decisions.

TVS Electronics, a microcap IT hardware company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, TVS Electronics has shown a flat performance in the quarter, with a score of -1, which is an improvement from the previous quarter’s score of -2. However, there are some positive aspects to the company’s financials.


The net sales for the quarter were the highest in the last five quarters, at Rs 111.32 crore. This is a positive trend for the company’s sales in the near term. Additionally, the net sales have grown by 21.6% compared to the average net sales of the previous four quarters, which were at Rs 91.51 crore.


On the other hand, the profit after tax (PAT) for the quarter was at Rs -1.26 crore, which is a significant decrease of -1966.7% compared to the average PAT of the previous four quarters, which was at Rs 0.07 crore. This indicates a very negative trend for the company’s PAT in the near term.


Overall, TVS Electronics has shown a mixed performance in the quarter, with some positive and negative aspects. Investors should carefully consider these factors before making any decisions regarding the company’s stock.


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