Bloom Industries Reports Declining Sales and Profitability in December 2024 Results

Bloom Industries, a microcap player in the metal-ferrous industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 14, 2025, indicate notable challenges for the company.
The financial performance for the half-yearly period shows net sales at Rs 11.89 crore, reflecting a significant year-on-year contraction. This trend suggests a concerning trajectory for the company's sales in the near term. Additionally, the earnings per share (EPS) have reached a low of Rs 0.09, marking the lowest level in the past five quarters, which points to declining profitability and reduced earnings for shareholders.

Furthermore, the cash and cash equivalents have also hit a low of Rs 0.01 crore over the last six half-yearly periods, indicating a deterioration in short-term liquidity. These factors have contributed to an adjustment in evaluation, resulting in a revised score for Bloom Industries.

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