Acme Resources Reports Significant Decline in Financial Performance for Q1 FY25
Acme Resources, a microcap finance company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.
According to the financial report, Acme Resources has seen a significant decline in its performance in the last three months. The company’s score has fallen from 4 to -22, indicating a very negative trend.
The profit before tax (PBT) less other income for the quarter was at Rs -1.97 crore, showing a decrease of 116.03% compared to the same period last year. The profit after tax (PAT) for the quarter was at Rs -1.44 crore, down by 115.2% year on year. The net sales for the half-yearly period were at Rs 5.74 crore, showing a decline of 77.09% compared to the previous year.
The operating profit (PBDIT) for the quarter was at its lowest in the last five quarters, at Rs -1.90 crore. The operating profit margin for the quarter was also at its lowest in the last five quarters, at 0.00%. This indicates a deterioration in the company’s efficiency.
The PBT for the quarter was also at its lowest in the last five quarters, at Rs -1.97 crore. The earnings per share (EPS) for the quarter were at its lowest in the last five quarters, at Rs -0.56. This shows a declining profitability and lower earnings for shareholders.
Overall, Acme Resources has reported a very negative financial performance for the quarter ending March 2024. Investors should take note of the company’s declining trends and the ‘Strong Sell’ rating given by MarketsMOJO.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
