Cubical Financial Services Reports Growth in Profitability, Receives 'Hold' Call from MarketsMOJO

Nov 14 2024 11:50 PM IST
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Cubical Financial Services, a microcap finance company, reported a flat performance in the second quarter of fiscal year 2024-2025. However, the company's Profit After Tax for the nine-month period has shown growth, indicating stability and potential for future growth. MarketsMojo has given a 'Hold' call for the company's stock.
Cubical Financial Services, a microcap finance company, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.

According to the financial report, Cubical Finan has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 3 to 1 in the last three months. However, there are some positive aspects to the company's financials.

One of the highlights is the Profit After Tax (PAT) for the nine-month period, which stands at Rs 0.96 crore. This is higher than the preceding 12-month period ended in September 2024, which was at Rs 0.24 crore. This indicates a growth in profitability for the company. Additionally, in the nine-month period, Cubical Financial Services has already surpassed its sales from the previous 12 months.

Despite the flat performance in the second quarter, Cubical Financial Services is showing signs of growth and stability. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this microcap finance company as it continues to navigate the ever-changing financial landscape.
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