BSEL ALGO Reports Declining Profitability Amid Improved Liquidity for December Quarter

BSEL ALGO, a microcap company in the construction and real estate industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a challenging period for the company, with notable declines in key financial metrics. The company's cash and cash equivalents have reached their highest level in the last six half-yearly periods, totaling Rs 6.37 crore, suggesting an improvement in short-term liquidity. However, this positive aspect is overshadowed by significant declines in profitability measures. Profit Before Tax less Other Income (PBT) has shown a substantial negative shift, recorded at Rs -12.59 crore, which is considerably lower than the average PBT of Rs 7.83 crore from the previous four quarters. Similarly, Profit After Tax (PAT) stands at Rs -9.11 crore, reflecting a marked decline from the average PAT of Rs 7.33 crore. Operating profit has also reached its lowest point in five quarters at Rs -12.58 crore, and the operating profit margin has dropped to 0.00%, indicating a deterioration in the company's efficiency. Additionally, Earnings per Share (EPS) is at Rs -1.10, highlighting a decline in profitability for shareholders. In light of these results, BSEL ALGO has experienced an adjustment in its evaluation, with its score reflecting these recent trends. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.