7NR Retail Ltd's Financial Results Show Negative Performance in Q1 FY25

Aug 06 2024 10:15 AM IST
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7NR Retail Ltd, a microcap trading company, has reported negative financial results for the quarter ending March 2024. Net sales, PAT, and operating profit have all declined significantly compared to the previous year, indicating a negative trend in the near term. MarketsMojo has given a 'Strong Sell' call for the company's stock.

On August 5th, 2024, 7NR Retail Ltd, a microcap trading company, announced its financial results for the quarter ending March 2024. According to the report, the company has seen a negative performance in this quarter, with a score that has remained the same for the past three months.

The company’s net sales for the nine-month period were at Rs 5.25 crore, showing a decline of 81.47% compared to the same period last year. This indicates a very negative trend in the company’s sales in the near term. Similarly, the profit after tax (PAT) for the nine-month period was at Rs -1.18 crore, also showing a decline of 81.47% compared to the previous year. The near term trend for PAT is also negative.


In terms of operating profit, the company recorded its lowest figure in the last five quarters at Rs -0.69 crore. This indicates a negative trend in the near term for operating profit. The profit before tax (PBT) less other income for the quarter was also at its lowest in the last five quarters at Rs -0.84 crore, showing a negative trend in the near term for PBT.


Based on these financial results, MarketsMOJO has given a ‘Strong Sell’ call for 7NR Retail Ltd’s stock. The company’s performance in the quarter ending March 2024 has not been favorable, with a decline in net sales, PAT, and operating profit. Investors should take note of these figures before making any investment decisions.


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