TTK Healthcare Performance Analyzed

TTK Healthcare’s recent financial results show some interesting changes. Sales increased by a small amount – 2.23% – reaching Rs 209.30 crore. However, the company’s profit actually went down significantly, dropping 37.06% to Rs 10.53 crore.

Key Points

• Sales up 2.23%, reaching Rs 209.30 crore.
• Net profit decreased by 37.06% to Rs 10.53 crore.
• Operating profit margin fell slightly to 3.41%.
• Profit before tax decreased to Rs 23.88 crore.
• Profit after tax reached Rs 21.66 crore this quarter.
• Significant changes highlight areas needing immediate attention.

Sales Performance

The company managed to sell slightly more goods – Rs 209.30 crore – compared to the previous quarter, which was Rs 204.74 crore. This represents a small positive growth of 2.23%. It’s important to note that this increase is modest.

Profitability Issues

Despite the increase in sales, TTK Healthcare’s profit dropped noticeably. The net profit decreased to Rs 10.53 crore, a decrease of 37.06% from Rs 16.73 crore the quarter before. This reduction indicates challenges in managing expenses or a downturn in certain product sales.

Financial Metrics

Operating profit margin decreased to 3.41% from 3.75% showing a drop in efficiency. Profit before tax stood at Rs 23.88 crore, falling from Rs 24.70 crore. Finally, profit after tax was Rs 21.66 crore, down from Rs 22.59 crore.

Understanding these financial shifts is crucial for strategic decision-making and identifying growth opportunities.