BAMPSL Securities Shows Positive Growth in Q2, But Some Areas Need Improvement

BAMPSL Securities, a microcap finance company, has recently announced 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 score of 7 out of 10, an improvement from 3 in the last 3 months.

According to the financial report, BAMPSL Securities has seen a significant growth in net sales, with a 69.31% increase year on year. The company's net sales for the half-yearly period were Rs 11.75 crore, which is higher than the previous 12-month period of Rs 8.40 crore. This indicates a very positive sales trend for the company in the near term.

Moreover, the company's profit after tax (PAT) for the nine-month period was Rs 0.42 crore, which is higher than the previous 12-month period of Rs 0.39 crore. This shows that BAMPSL Securities has already surpassed its sales from the previous year in just nine months.

However, there are some areas that need improvement for BAMPSL Securities. The company's operating profit (PBDIT) for the quarter was the lowest in the last five quarters at Rs -0.05 crore. This indicates a negative trend in the near term. Similarly, the profit before tax (PBT) for the quarter was also the lowest in the last five quarters at Rs -0.06 crore, showing a negative trend in the near term.

MarketsMOJO has given a 'Strong Sell' call for BAMPSL Securities' stock, based on its financial performance. Investors should carefully consider these factors before making any investment decisions.