Barbeque-Nation's Q1 FY25 Financial Results Show Decline in Performance and Profits

Barbeque-Nation Hospitality, a smallcap company in the lifestyle industry, has recently declared its financial results for the quarter ending June 2024. According to the report released on July 31, 2024, the company has seen a flat performance in terms of financials.

The score for the quarter has fallen to -4 from 6 in the last three months, indicating a decline in overall performance. This is not a positive sign for the company, as it suggests a downward trend in its financials.

One of the major factors contributing to this decline is the Profit After Tax (PAT) for the quarter, which stands at Rs -4.86 crore. This is a significant decrease of 45% compared to the average PAT of the previous four quarters, which was Rs -3.35 crore. This indicates a negative trend in the near term for the company’s profits.

Another concerning aspect is the company’s Cash and Cash Equivalents, which is at its lowest in the last six half-yearly periods at Rs 35.98 crore. This suggests a deterioration in short-term liquidity for Barbeque-Nation.

Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Barbeque-Nation’s stock. It is important for investors to carefully consider these factors before making any investment decisions.