Apollo Finvest's Q1 FY25 Financial Results Show Mixed Performance, Investors Advised to Hold Stock

Apollo Finvest, a microcap finance company in India, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Apollo Finvest’s performance for the quarter has remained flat. However, there has been a significant improvement in the company’s score, which has increased from -18 to 2 in the last three months.

One of the key factors contributing to this improvement is the growth in Profit Before Tax less Other Income (PBT) for the quarter. At Rs 3.24 crore, PBT has shown a 42.6% increase compared to the average PBT of the previous four quarters, which was Rs 2.27 crore. This indicates a positive trend in the near term for PBT.

Another positive aspect of Apollo Finvest’s financials is the growth in Net Sales for the half-yearly period. At Rs 14.34 crore, Net Sales have shown a 23.73% increase year on year. This also reflects a positive trend in the near term.

In terms of Operating Profit (PBDIT), Apollo Finvest has recorded its highest figure of Rs 3.55 crore in the last five quarters. This indicates a positive trend in the near term for Operating Profit.

Similarly, the company’s PBT has also shown a positive trend in the near term, with the highest figure of Rs 3.24 crore in the last five quarters.

However, there are some areas where Apollo Finvest’s financials have not performed well. The Profit After Tax (PAT) for the half-yearly period has shown a decline of -39.14% year on year, with a figure of Rs 3.11 crore. This indicates a negative trend in the near term for PAT.

Overall, Apollo Finvest’s financial results for the quarter ending June 2024 show a mixed performance. While there are some positive trends, there are also areas that need improvement. Investors are advised to hold their stock and keep an eye on the company’s future financial reports.