Binayaka Tex Processors Reports Decline in Financial Performance for Q1 FY25

Aug 13 2024 09:38 PM IST
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Binayaka Tex Processors, a microcap company in the textile industry, reported a flat performance in the quarter ending March 2024 with a score of 4 out of 14. The company's Profit After Tax has decreased by 68.1% compared to the previous four quarters, while the Profit Before Tax has also reached its lowest point in the last five quarters. This decline in profitability and earnings per share indicates a negative trend in the near term. Investors should consider these factors before making any investment decisions.

Binayaka Tex Processors, a microcap company in the textile industry, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Binayaka Tex Pr has experienced a flat performance in the quarter, with a score of 4 out of 14, a significant decrease from the previous quarter’s score. This decline can be attributed to several factors that are not working in the company’s favor.


One of the major concerns is the company’s Profit After Tax (PAT), which has fallen by 68.1% compared to the average PAT of the previous four quarters. This is a significant decrease and indicates a negative trend in the near term. Similarly, the Profit Before Tax (PBT) less Other Income has also reached its lowest point in the last five quarters, with a negative trend in the near term.


The company’s Earnings per Share (EPS) have also declined, reaching its lowest point in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders.


Overall, the financial results for the quarter ending March 2024 do not paint a positive picture for Binayaka Tex Processors. Investors should take note of these factors before making any investment decisions.


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