AD Manum Finance Reports Strong Financial Performance in First Half of FY 2024-2025

Oct 31 2024 04:42 PM IST
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AD Manum Finance, a microcap finance company, has announced its financial results for the quarter ending September 2024. Despite a 'Sell' call from MarketsMojo, the company has shown positive growth in PAT and Net Sales for the first half of the fiscal year 2024-2025, indicating potential for future success.
AD Manum Finance, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, a leading financial analysis platform.

Despite this, AD Manum Finance has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen slightly from 20 to 17 in the last three months, indicating a slight decline in overall performance.

However, the company's financials for the first half of the year have shown promising growth. The Profit After Tax (PAT) for the half-yearly period stands at Rs 4.38 crore, showing a significant increase of 100.92% compared to the same period last year. The trend for PAT is also positive, indicating a strong financial performance.

Similarly, the Net Sales for the half-yearly period have grown by 58.72% compared to the previous year, reaching Rs 6.46 crore. The near-term sales trend for AD Manum Finance is also positive, indicating a potential for continued growth in the future.

Overall, AD Manum Finance has shown a strong financial performance in the first half of the fiscal year 2024-2025. While the company's stock has been given a 'Sell' call by MarketsMOJO, investors should consider the positive growth in PAT and Net Sales as potential indicators of future success.
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