Brijlaxmi Leasing & Finance Reports Flat Performance in Q1 2024, Lowest PBT and EPS in 5 Quarters
Brijlaxmi Leasing & Finance, a microcap finance company, reported its financial results for the quarter ending June 2024. The company's stock has been given a 'Sell' call by MarketsMojo. The report shows a flat performance with the lowest PBT and EPS in the last five quarters, indicating a negative trend in the near term. Investors should carefully assess the company's current financial situation before investing.
Brijlaxmi Leasing & Finance, a microcap company in the finance industry, recently announced its financial results for the quarter ending June 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.
According to the financial report, Brijlaxmi Leasing & Finance has seen a flat performance in the quarter, with no significant changes in the last three months. However, the company's Profit Before Tax (PBT) less Other Income has been the lowest in the last five quarters, standing at Rs -0.63 crore. This indicates a negative trend in the near term for PBT.
The company's Earnings per Share (EPS) for the quarter have also been the lowest in the last five quarters, at Rs -0.98. This shows a decline in profitability and a lower return for shareholders.
While Brijlaxmi Leasing & Finance has not shown any significant growth in the recent quarter, the company remains committed to improving its financial performance in the future. Investors are advised to carefully consider the current financial situation of the company before making any investment decisions.
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