BKM Industries Reports Negative Financial Results, Receives 'Strong Sell' Call from MarketsMOJO

BKM Industries, a microcap company in the packaging industry, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Strong Sell' call from MarketsMOJO, indicating a negative outlook for its stock.

According to the financial report, BKM Industries has seen a decline in its financial performance in the second quarter of the fiscal year 2024-25. The company's score has fallen from -1 to -9 in the last three months, indicating a significant decrease in its overall financial health.

One of the major factors contributing to this decline is the Profit Before Tax less Other Income (PBT) which has fallen to -6.62 crore, a decrease of 839% compared to the average PBT of the previous four quarters. This trend is expected to continue in the near term, indicating a negative outlook for the company's profitability.

Similarly, the Profit After Tax (PAT) has also seen a significant decline of 704.8% compared to the average PAT of the previous four quarters. The company's Operating Profit (PBDIT) has also reached its lowest point in the last five quarters, further adding to the negative trend.

The company's Earnings per Share (EPS) have also decreased to its lowest point of -41.92 in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. On the other hand, the Non-Operating Income has increased to its highest point in the last five quarters, but this may not be sustainable in the long run.

Overall, BKM Industries has reported negative financial results for the quarter ending September 2024, leading to a 'Strong Sell' call from MarketsMOJO. Investors are advised to carefully consider these factors before making any investment decisions related to the company's stock.