Cybele Industrie's Financial Performance Shows Significant Decline, Receives 'Strong Sell' Rating

Nov 18 2024 10:09 AM IST
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Cybele Industrie, a microcap company in the cable industry, has reported a significant decline in its financial performance for the quarter ending September 2024. With a 'Strong Sell' rating from MarketsMojo, the company's net sales, operating profit, and earnings per share have all shown a negative trend, indicating potential challenges in the near term.

Cybele Industrie, a microcap company in the cable industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, Cybele Industrie has seen a significant decline in its financial performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from -9 to -21 in the last three months, indicating a very negative trend.

The profit before tax (PBT) less other income for the quarter was at Rs -5.83 crore, showing a decrease of 1634.21% year on year. The profit after tax (PAT) for the quarter was also at Rs -5.79 crore, down by 1584.6% year on year. This indicates a very negative trend in the near term for the company's profitability.

The net sales for the half-yearly period were at Rs 7.34 crore, showing a decline of 59.36% year on year. This also reflects a very negative trend in the near term for the company's sales.

The operating profit (PBDIT) for the quarter was at its lowest in the last five quarters, at Rs -5.37 crore. This indicates a negative trend in the near term for the company's operating profit.

The company's earnings per share (EPS) for the quarter were at its lowest in the last five quarters, at Rs -5.41. This shows a declining profitability and lower earnings for shareholders.

Based on these financial results, MarketsMOJO has given a 'Strong Sell' rating for Cybele Industrie's stock. The company's performance in the recent quarter has been very negative, and it is important for investors to carefully consider this information before making any investment decisions.
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