Abhinav Leasing & Finance Shows Positive Performance in Q2 of FY 2024-2025

Abhinav Leasing & Finance, a microcap finance company, has recently declared its financial results for the quarter ending September 2024. The company has shown positive performance in the second quarter of the fiscal year 2024-2025, with a steady score in the last three months.

According to the financial report, the company's Profit After Tax (PAT) for the half-yearly period was higher at Rs 0.32 crore compared to the preceding 12-month period of Rs -0.48 crore. This indicates a significant improvement in the company's profitability, as it has already surpassed its PAT for the previous 12 months in just six months.

In addition, Abhinav Leasing's Operating Profit (PBDIT) for the quarter was the highest in the last five quarters at Rs 2.38 crore. This shows a positive trend in the company's operating profit in the near term. The Operating Profit Margin for the quarter was also the highest in the last five quarters at 27.11%, indicating an improvement in the company's efficiency.

However, the company's Net Sales for the quarter were at Rs 8.78 crore, which is a decrease of 23.5% compared to the average Net Sales of the previous four quarters at Rs 11.48 crore. This suggests a negative trend in the company's sales in the near term.

Based on these financial results, MarketsMOJO has given a 'Strong Sell' call for Abhinav Leasing's stock. Investors should carefully consider these financials before making any investment decisions.