7NR Retail Ltd's Q2 FY24-25 financials show positive trends, but net sales decline

7NR Retail Ltd, a microcap trading company, has recently declared its financial results for the quarter ending September 2024. The company has seen a flat financial performance in Q2 FY24-25, with a score of -2, which has improved from -12 in the last 3 months.

According to the financials, the company has shown positive trends in its operating cash flow, operating profit, and profit before tax less other income. The operating cash flow has been the highest in the last three years at Rs -2.86 crore, indicating that the company has generated higher cash revenues from its business operations. The operating profit (PBDIT) has also been the highest in the last five quarters at Rs 0.20 crore, showing a positive trend in the near term. Similarly, the profit before tax less other income (PBT) has been the highest in the last five quarters at Rs 0.12 crore, indicating a positive trend in the near term.

However, the company has also faced some challenges in its financial performance. The net sales for the half-yearly period have shown a decline of -30.54% year on year (YoY) at Rs 6.05 crore, indicating a negative trend in the near term. The earnings per share (EPS) have also been the lowest in the last five quarters at Rs -0.20, showing a decline in profitability and lower earnings for shareholders.

MarketsMOJO has given a 'Strong Sell' call for 7NR Retail Ltd's stock, based on its financial performance. Investors should carefully consider these financials before making any investment decisions.