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.

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