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Total Transport Systems Q1 Results Total Income ₹146.00 Crores & Operating Profit ₹0.50 Crores
Total Transport Systems Q1 Results with a Total Income of ₹146.00 crores and Operating Profit was ₹0.50 crores, while a Net Income of ₹0.24 crores and an Operating Expense total of ₹145.50 crores.
by Ruksana
Updated Sep 16, 2024
Table of Content
Total Transport Systems Q1 Results: The Q1 results for Total Transport Systems show several important financial details for June 2024 compared to both the previous quarter and the same quarter last year. In this period, Total Transport Systems saw a total revenue of ₹146.00 crores, which is a 28.32% increase year-over-year (YoY) from ₹113.78 crores in June 2023.
Total Transport Systems indicates strong revenue growth compared to the same quarter last year. However, when looking at the quarter-on-quarter (QoQ) comparison with the previous quarter (March 2023), revenue increased by a modest 1.55%, showing a smaller growth rate in recent months.
Total Transport Systems’ Operating expenses also grew, with other operating expenses rising by 32.60% YoY, up from ₹100.33 crores in June 2023 to ₹133.04 crores. This indicates a significant increase in costs compared to the same quarter last year. Despite the revenue increase, the company experienced a sharp decline in operating income and net income.
Total Transport Systems’ Operating income fell by 74.39% YoY, while net income dropped by 82.05% YoY. This means that, although revenue was up, the company's profitability decreased significantly compared to the same quarter last year. The diluted normalized EPS also fell sharply by 81.71% YoY, reflecting the overall drop in earnings per share compared to the previous year.
Here's a simple summary of Total Transport Systems' Q1 results for June 2024 compared to previous periods:
|
Metric |
Jun 24 |
Mar 23 |
QoQ Change |
Jun 23 |
YoY Change |
|
Total Revenue |
146.00 |
113.16 |
+28.32% |
113.78 |
+28.32% |
|
Selling/General/Admin Expenses Total |
11.58 |
9.77 |
+11.60% |
10.81 |
+7.08% |
|
Depreciation/Amortization |
0.89 |
0.68 |
+29.12% |
0.69 |
+29.12% |
|
Other Operating Expenses Total |
133.04 |
102.19 |
+32.60% |
100.33 |
+32.60% |
|
Total Operating Expense |
145.50 |
112.64 |
+30.11% |
111.83 |
+30.11% |
|
Operating Income |
0.50 |
0.51 |
-74.39% |
1.95 |
-74.39% |
|
Net Income Before Taxes |
0.90 |
0.06 |
-54.54% |
1.99 |
-54.54% |
|
Net Income |
0.24 |
-0.85 |
-82.05% |
1.32 |
-82.05% |
|
Diluted Normalized EPS |
0.15 |
-0.52 |
-81.71% |
0.82 |
-81.71% |
Source: Here
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Total Transport Systems Q1 Results
Total Transport Systems’ financial results for the quarter ending June 30, 2024, show a mix of positive and negative changes compared to previous periods. The company earned ₹14,600.20 lakhs from its operations, slightly less than the ₹14,829.39 lakhs earned in the last quarter but significantly higher than ₹11,378.02 lakhs earned a year ago. Other income increased to ₹116.26 lakhs from ₹80.20 lakhs in the last quarter. However, total expenses also rose to ₹14,630.76 lakhs from ₹14,972.89 lakhs in the last quarter, primarily due to higher transportation costs and handling charges.
Total Transport Systems managed a profit before tax of ₹90.25 lakhs, compared to a loss of ₹70.93 lakhs last quarter. After accounting for taxes and other comprehensive income, the net profit for the period is ₹23.42 lakhs, an improvement from the previous quarter’s loss of ₹66.74 lakhs. The earnings per share were ₹0.15, up from a loss of ₹0.39 per share in the last quarter.
Here’s a simplified summary of the unaudited consolidated financial results for Total Transport Systems for the quarter ended June 30, 2024:
|
Particulars |
30-Jun-24 |
31-Mar-24 |
30-Jun-23 |
31-Mar-24 |
|
I. Income |
||||
|
a. Revenue from Operations |
14,600.20 |
14,829.39 |
11,378.02 |
48,810.17 |
|
b. Other Income |
116.26 |
80.20 |
64.46 |
377.11 |
|
Total Revenue |
14,716.46 |
14,909.59 |
11,442.48 |
49,187.28 |
|
II. Expenses |
||||
|
a. Multi-Modal and Transportation Expenses |
10,353.14 |
10,667.68 |
7,732.84 |
33,172.88 |
|
b. Handling Charges |
2,327.51 |
2,292.35 |
- |
8,029.41 |
|
c. Employee Benefit Expenses |
1,157.80 |
1,037.50 |
1,081.29 |
4,352.10 |
|
d. Finance Cost |
80.43 |
182.21 |
60.69 |
394.99 |
|
e. Depreciation and Amortisation Expenses |
88.64 |
115.04 |
68.65 |
369.15 |
|
f. Other Expenses |
623.24 |
678.11 |
2,300.50 |
2,540.70 |
|
Total Expenses |
14,630.76 |
14,972.89 |
11,243.97 |
48,859.23 |
|
III. Profit Before Share of Profit/(Loss) of Associate (net), Exceptional Items and Tax |
85.70 |
(63.30) |
198.51 |
328.05 |
|
IV. Share of the Profit/(Loss) of Associate (net) |
4.55 |
(7.63) |
- |
(7.63) |
|
V. Profit Before Exceptional Items and Tax |
90.25 |
(70.93) |
198.51 |
320.42 |
|
VI. Exceptional Items |
- |
- |
- |
- |
|
VII. Profit Before Tax |
90.25 |
(70.93) |
198.51 |
320.42 |
|
VIII. Tax Expenses |
||||
|
a. Current Tax |
82.91 |
56.52 |
76.77 |
282.48 |
|
b. Deferred Tax |
(16.08) |
(60.71) |
(10.65) |
(87.59) |
|
IX. Net Profit for the Period |
23.42 |
(66.74) |
132.39 |
125.53 |
|
X. Other Comprehensive Income |
||||
|
A. Items that will not be reclassified to Profit or Loss |
||||
|
i) Re-measurement gains/(losses) on defined benefit plans |
- |
(26.55) |
- |
(26.55) |
|
ii) Income Tax Effect |
- |
6.68 |
- |
6.68 |
|
B. Items that will be reclassified to Profit or Loss |
||||
|
i) Exchange difference on translation of foreign operations |
- |
- |
- |
- |
|
ii) Net gain/(loss) on FVTOCI debt Securities |
1.11 |
0.53 |
0.02 |
1.15 |
|
iii) Income Tax Effect |
(0.20) |
(0.26) |
(0.00) |
(0.26) |
|
XI. Total Comprehensive Income for the period |
24.33 |
(86.34) |
132.41 |
106.55 |
|
XII. Net Profits Attributable to |
||||
|
a. Owners of the Company |
23.67 |
(63.03) |
131.87 |
125.01 |
|
b. Non-Controlling Interest |
(0.25) |
(3.71) |
0.52 |
0.52 |
|
XIII. Other Comprehensive Income Attributable to |
||||
|
a. Owners of the Company |
0.91 |
(19.67) |
0.02 |
(19.05) |
|
b. Non-Controlling Interest |
- |
0.07 |
- |
0.07 |
|
XIV. Total Comprehensive Income Attributable to |
||||
|
a. Owners of the Company |
24.57 |
(82.70) |
131.89 |
105.96 |
|
b. Non-Controlling Interest |
(0.25) |
(3.64) |
0.52 |
0.59 |
|
XV. Paid-up Equity Share Capital |
1,612.70 |
1,612.70 |
1,612.70 |
1,612.70 |
|
XVI. Reserve excluding Revaluation Reserves |
- |
- |
- |
5,993.62 |
|
XVII. Earnings Per Share |
||||
|
a. Basic (₹ per share) |
0.15 |
(0.39) |
0.82 |
0.78 |
|
b. Diluted (₹ per share) |
0.15 |
(0.39) |
0.82 |
0.78 |
Total Transport Systems Stock Metrics
Total Transport Systems table gives important information about the company’s stock. The Market Cap of ₹154 Crores shows the total value of all the company’s shares combined. The Current Price of ₹95.5 is what you would pay for one share today. The High / Low values of ₹159 and ₹88.2 represent the highest and lowest prices the stock has reached recently. The Stock P/E Ratio of 811 is very high, indicating that the stock is quite expensive compared to its earnings. The Book Value of ₹47.2 is the value of the company’s assets per share.
Here's the information in a table format:
|
Metric |
Value |
|
Market Cap |
₹154 Cr. |
|
Current Price |
₹95.5 |
|
High / Low |
₹159 / ₹88.2 |
|
Stock P/E |
811 |
|
Book Value |
₹47.2 |
|
Dividend Yield |
0.79% |
|
ROCE |
7.09% |
|
ROE |
1.66% |
|
Face Value |
₹10.0 |
Quarterly Results
The Total Transport Systems table shows the financial performance of a company over different quarters. It includes various metrics like sales, expenses, operating profit, and net profit. For each quarter, the table lists these figures to show how the company performed. Sales indicate the total income, while expenses show the costs. Operating profit is what the company earns before other factors like interest and taxes.
Here's the data for December 2023, March 2024, and June 2024:
|
Metric |
Dec 2023 |
Mar 2024 |
Jun 2024 |
|
Sales |
114.57 |
148.29 |
146.00 |
|
Expenses |
112.67 |
146.83 |
144.62 |
|
Operating Profit |
1.90 |
1.46 |
1.38 |
|
OPM % |
1.66% |
0.98% |
0.95% |
|
Other Income |
1.28 |
0.80 |
1.21 |
|
Interest |
0.81 |
1.82 |
0.80 |
|
Depreciation |
0.99 |
1.15 |
0.89 |
|
Profit before Tax |
1.38 |
-0.71 |
0.90 |
|
Tax % |
42.03% |
-5.63% |
74.44% |
|
Net Profit |
0.80 |
-0.67 |
0.24 |
|
EPS in Rs |
0.48 |
-0.39 |
0.15 |
About Total Transport Systems
Total Transport Systems is a leading company in the logistics industry, known for its expertise in handling transportation and shipping needs. Established in 1994, the company started with a focus on the Far East and Gulf regions. Since then, it has expanded its services across India and built a strong reputation for providing reliable logistics solutions.
Total Transport Systems is dedicated to connecting people and goods through innovative logistics strategies. It uses advanced technology and skilled professionals to ensure that every shipment is handled efficiently and effectively. Total Transport Systems is known for its exceptional end-to-end solutions that meet the complex needs of various industries, including Pharma, Automotive, Chemicals, Engineering, and Infrastructure.
With a presence in every major cargo center in India, Total Transport Systems has a knowledgeable and experienced team that is well-equipped to tackle any logistics challenge. Its global network further supports its ability to deliver high-quality services. Total Transport Systems is recognized as a trustworthy and dependable partner in the logistics sector, continually striving to meet and exceed customer expectations.
Total Transport Systems Q1 Results - FAQs
1. What was Total Transport Systems' revenue in Q1 2024?
Total Transport Systems' revenue in Q1 2024 was ₹146.00 crores.
2. How much did Total Transport Systems' operating income decrease by YoY in Q1 2024?
Total Transport Systems' operating income decreased by 74.39% YoY in Q1 2024.
3. What is the net income of Total Transport Systems for June 2024?
Total Transport Systems' net income for June 2024 is ₹0.24 crores.
4. How did Total Transport Systems' total expenses in Q1 2024 compare to the previous quarter?
Total Transport Systems' total expenses in Q1 2024 increased to ₹14,630.76 lakhs compared to the previous quarter.
5. How did Total Transport Systems' revenue from operations in June 2024 compare to June 2023?
Total Transport Systems' revenue from operations in June 2024 was ₹14,600.20 lakhs, up from ₹11,378.02 lakhs in June 2023.
6. What were the multi-modal and transportation expenses for Total Transport Systems in Q1 2024?
Total Transport Systems' multi-modal and transportation expenses were ₹10,353.14 lakhs in Q1 2024.
7. How did the other operating expenses for Total Transport Systems change YoY in Q1 2024?
Other operating expenses for Total Transport Systems increased by 32.60% YoY in Q1 2024.
8. How did Total Transport Systems' net profit in June 2024 compare to the previous quarter?
Total Transport Systems' net profit in June 2024 was ₹23.42 lakhs, improved from a loss of ₹66.74 lakhs in the previous quarter.
9. What were the total handling charges for Total Transport Systems in Q1 2024?
Total handling charges for Total Transport Systems in Q1 2024 were ₹2,327.51 lakhs.
10. What is Total Transport Systems' market cap as of the latest update?
Total Transport Systems' market cap is ₹154 Crores.