TATA GLOBAL Announces Quarterly Results (3QFY20); Net Profit Up 15.8%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TATA GLOBAL Announces Quarterly Results (3QFY20); Net Profit Up 15.8%
Thu, 6 Feb

TATA GLOBAL has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

TATA GLOBAL Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m19,12618,34119,6197.0%2.6%
Other incomeRs m2262532602.6%14.9%
TurnoverRs m19,35218,59419,8796.9%2.7%
ExpensesRs m17,16415,99417,2237.7%0.3%
Gross profitRs m1,9622,3322,3882.4%21.7%
DepreciationRs m2964684925.0%65.9%
InterestRs m130201192-4.2%48.4%
Profit before taxRs m1,7621,9161,9642.5%11.4%
TaxRs m54948355915.7%1.8%
Profit after taxRs m1,2131,4321,405-1.9%15.8%
Gross profit margin%10.312.712.2
Effective tax rate%31.225.228.5
Net profit margin%6.37.77.1
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 2.6% on a year-on-year (YoY) basis. The expenses were up by 0.3% YoY during the same period.
  • The company's operating profit increased by 21.7% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 12.2% in 3QFY20 as against 10.3% in 3QFY19.
  • Depreciation charges increased by 65.9% and finance costs increased by 48.4% YoY, respectively.
  • Other income increased by 14.9% YoY during the quarter.
  • Net profit for the quarter increased by 15.8% YoY. Net profit margins during the quarter increased from 6.3% in 3QFY19 to 7.1% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 7.0% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.7% QoQ during the same period.
  • The company's operating profit increased by 2.4% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 12.2% in 3QFY20 as against 12.7% in 2QFY19.
  • Net profit for the quarter declined by 1.9% QoQ, while net profit margins declined from 7.7% in 2QFY19 to 7.1% in 3QFY20.

To see how TATA GLOBAL has performed over the last eight quarters,please visit here.

Goes off Air Tonight: Vijay Bhambwani's Instant Income Summit

TATA GLOBAL Share Price Performance

Over the last one year,TATA GLOBAL share price has moved up from Rs 188.4 to Rs 389.2, registering a Gain of Rs 200.8 or around 106.6%.

Overall, the S&P BSE SENSEX is up 12.5% over the year.

Current Valuations

At the current price of Rs 389.2, the price to earnings (P/E) ratio of TATA GLOBAL stands at 45.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 3.3 times.

Equitymaster requests your view! Post a comment on "TATA GLOBAL Announces Quarterly Results (3QFY20); Net Profit Up 15.8%". Click here!

  

Related Views on News

TATA CONSUMER PRODUCTS Announces Quarterly Results (4QFY20); Net Profit Down 153.5% (Quarterly Result Update)

May 19, 2020 | Updated on May 19, 2020

For the quarter ended March 2020, TATA CONSUMER PRODUCTS has posted a net profit of Rs 502 m (down 153.5% YoY). Sales on the other hand came in at Rs 24 bn (up 35.5% YoY). Read on for a complete analysis of TATA CONSUMER PRODUCTS's quarterly results.

TATA GLOBAL Announces Quarterly Results (2QFY20); Net Profit Up 14.5% (Quarterly Result Update)

Nov 5, 2019 | Updated on Nov 5, 2019

For the quarter ended September 2019, TATA GLOBAL has posted a net profit of Rs 1 bn (up 14.5% YoY). Sales on the other hand came in at Rs 18 bn (up 4.2% YoY). Read on for a complete analysis of TATA GLOBAL's quarterly results.

TATA GLOBAL 2018-19 Annual Report Analysis (Annual Result Update)

May 27, 2019 | Updated on May 27, 2019

Here's an analysis of the annual report of TATA GLOBAL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of TATA GLOBAL. Also includes updates on the valuation of TATA GLOBAL.

More Views on News

Most Popular

How to Find the Best Stocks for Day Trading - 1(Fast Profits Daily)

Jul 2, 2020

In the first of two videos, I'll show you how to identify the best stocks for intraday trading.

Two Agri Stocks Are Likely to Outperform Even in this Market(Profit Hunter)

Jul 2, 2020

Why we have recommended two agriculture stocks for our Hidden Treasure subscribers. Read on...

These 3 Recent Events Will Impact the Price of Gold(Fast Profits Daily)

Jul 1, 2020

Recent developments in the bullion market may put some short term pressure on gold prices.

Smallcaps Are in a Sweet Spot Again: Are You Buying?(Profit Hunter)

Jul 3, 2020

This is why I believe smallcaps are the place to be in the near future.

More

India's #1 Trader
Reveals His Secrets

The Secret to Increasing Your Trading Profits Today
Get this Special Report, The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

TATA CONSUMER PRODUCTS SHARE PRICE


Jul 14, 2020 03:35 PM

TRACK TATA CONSUMER PRODUCTS

  • Track your investment in TATA CONSUMER PRODUCTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON TATA CONSUMER PRODUCTS

TATA CONSUMER PRODUCTS 8-QTR ANALYSIS

COMPARE TATA CONSUMER PRODUCTS WITH

MARKET STATS