Almondz Global Securities Reports Mixed Financial Results Amidst Sales Growth and Profit Decline in February 2025

Almondz Global Securities, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a mixed performance for the company.
On a positive note, Almondz Global's net sales for the half-year reached Rs 67.24 crore, reflecting a year-on-year growth of 26.04%. This suggests a favorable near-term sales trend, which may indicate resilience in its revenue-generating capabilities.

However, the financial results also highlight significant challenges. The Profit After Tax (PAT) for the half-year stood at Rs 5.08 crore, showing a year-on-year decline of 42.80%. This trend raises concerns about the company's profitability. Additionally, the Profit Before Tax (PBT) for the most recent quarter was recorded at Rs 2.61 crore, marking the lowest figure in the last five quarters. Earnings per Share (EPS) also reached a low of Rs 0.14, indicating a decrease in earnings for shareholders.

In light of these developments, Almondz Global has experienced an adjustment in its evaluation, reflecting the complexities of its current financial landscape.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.