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- TRF Q1 Results Total Income Reaches Rs. 3,788.49 Lakhs, Net Profit at Rs. 498.57 Lakhs
TRF Q1 Results Total Income Reaches Rs. 3,788.49 Lakhs, Net Profit at Rs. 498.57 Lakhs
TRF Q1 Results reveal a QoQ decrease in Total Income to ₹3,788.49 lakhs, with an Operating Profit of ₹4.59 Cr and a Profit After Tax of ₹498.57 lakhs, reflecting a 20.8% decrease. TRF Q1 Results also show an Operating Margin of 12.19%.
by P Nandhini
Updated Sep 12, 2024
Table of Content
TRF Q1 Results 2024 - 2025: TRF Limited released their Q1 financial results for 2024 on September 12, 2024. For the quarter ending June 30, 2024, the company reported a total revenue of Rs. 3,761.99 lakhs, which represents a slight decrease of 1.0% compared to the Rs. 3,800.45 lakhs reported for the previous quarter ending March 31, 2024.
This quarter-over-quarter (QoQ) decrease reflects a minor dip in revenue, although the company continues to show resilience in its operations. In terms of profitability, TRF achieved a net profit of Rs. 498.57 lakhs for Q1 2024, down by 20.8% from Rs. 629.64 lakhs in the previous quarter.
Despite this quarter-over-quarter decline, the company’s year-over-year (YoY) performance indicates stable financial health. Earnings per equity share also saw a drop, with both basic and diluted earnings per share decreasing from Rs. 5.73 in March 2024 to Rs. 4.53 in June 2024.
Overall, while TRF experienced a QoQ reduction in revenue and profit, its YoY results suggest a consistent performance trend.
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TRF Q1 Results 2024 - 2025
Here's a summary of TRF Limited's Q1 results for 2024, highlighting key financial metrics and comparisons:
| Metric | Q1 June 2024 | Q4 March 2024 |
|---|---|---|
| Total Revenue | Rs. 3,761.99 lakhs | Rs. 3,800.45 lakhs |
| Revenue from Operations | Rs. 3,758.69 lakhs | Rs. 3,761.99 lakhs |
| Other Income | Rs. 3.30 lakhs | Rs. 38.46 lakhs |
| Total Income | Rs. 3,788.49 lakhs | Rs. 3,800.45 lakhs |
| Net Profit | Rs. 498.57 lakhs | Rs. 629.64 lakhs |
| Basic Earnings per Share | Rs. 4.53 | Rs. 5.73 |
| Diluted Earnings per Share | Rs. 4.53 | Rs. 5.73 |
| Total Expenses | Rs. 3,650.52 lakhs | Rs. 3,781.15 lakhs |
| Cost of Raw Materials Consumed | Rs. 387.10 lakhs | Rs. 449.91 lakhs |
| Employee Benefits Expense | Rs. 610.56 lakhs | Rs. 629.86 lakhs |
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TRF Current Market Overview
TRF's current market overview shows that the company's stock is trading at ₹520, which is up by 2.57%. With a market cap of ₹572 crore, TRF has experienced a price range between ₹670 and ₹217 over time. The stock has a price-to-earnings ratio of 15.5, but its book value is negative at -₹349.
There is no dividend yield at the moment, but the company boasts a strong return on capital employed (ROCE) of 37.6%. The stock is listed on both the BSE and NSE, with a face value of ₹10 per share.
| Metric | Value |
|---|---|
| Current Price | ₹520 |
| Price Change | +2.57% |
| Market Capitalization | ₹572 Crore |
| 52-Week High | ₹670 |
| 52-Week Low | ₹217 |
| Stock P/E Ratio | 15.5 |
| Book Value | -₹349 |
| Dividend Yield | 0.00% |
| ROCE | 37.6% |
| Face Value | ₹10 |
| BSE Code | 505854 |
| NSE Symbol | TRF |
Quarterly Results
Here is a summary of TRF's quarterly results for the periods ending December 2023, March 2024, and June 2024:
The following table highlights TRF's performance for the last three quarters, providing an overview of key financial metrics including sales, expenses, and net profit. This data reflects the company's financial health and operational efficiency in recent months.
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales | 28.77 | 38.00 | 37.62 |
| Expenses | 17.06 | 32.69 | 32.47 |
| Operating Profit | 11.71 | 5.31 | 5.15 |
| OPM % | 40.70% | 13.97% | 13.69% |
| Other Income | -4.76 | 6.11 | 3.87 |
| Interest | 3.10 | 4.50 | 3.47 |
| Depreciation | 0.55 | 0.62 | 0.57 |
| Profit Before Tax | 3.30 | 6.30 | 4.98 |
| Tax % | 63.03% | 0.00% | 0.00% |
| Net Profit | 1.21 | 6.30 | 4.99 |
| EPS (₹) | 1.10 | 5.72 | 4.53 |
About TRF
TRF Limited, established on November 20, 1962, in Jamshedpur, is a well-known company specializing in electromechanical equipment for bulk material handling. Initially promoted by Tata Steel and ACC Limited, TRF has grown to become a significant player in its field, offering services in industrial structure and fabrication, as well as life cycle and allied services.
With a manufacturing facility and a dedicated design and engineering team in Jamshedpur, TRF has successfully delivered various projects for major clients like Tata Steel, Tata Power, and the National Thermal Power Corporation.
The company's focus is on providing high-quality products and services that ensure minimal cost of ownership and long-term value for its customers.
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TRF Q1 Results - FAQs
1. What is the total revenue for TRF in Q1 2024?
The total revenue for TRF in Q1 2024 is Rs. 3,761.99 lakhs.
2. How much did TRF's revenue decrease in Q1 2024 compared to the previous quarter?
TRF's revenue decreased by 1.0% compared to the previous quarter.
3. What is the net profit of TRF for Q1 2024?
The net profit of TRF for Q1 2024 is Rs. 498.57 lakhs.
4. How does TRF's net profit in Q1 2024 compare to the previous quarter?
TRF's net profit decreased by 20.8% compared to the previous quarter.
5. What is the basic earnings per share of TRF in Q1 2024?
The basic earnings per share of TRF in Q1 2024 is Rs. 4.53.
6. What is the total income of TRF in Q1 2024?
The total income of TRF in Q1 2024 is Rs. 3,788.49 lakhs.
7. What is the operating margin of TRF in Q1 2024?
The operating margin of TRF in Q1 2024 is 12.19%.
8. How much is the total expenses for TRF in Q1 2024?
The total expenses for TRF in Q1 2024 is Rs. 3,650.52 lakhs.
9. What is the cost of raw materials consumed by TRF in Q1 2024?
The cost of raw materials consumed by TRF in Q1 2024 is Rs. 387.10 lakhs.
10. How much did TRF spend on employee benefits in Q1 2024?
TRF spent Rs. 610.56 lakhs on employee benefits in Q1 2024.