DB Intl.Stock Brokers Announces Positive Financial Results for Q1 FY25 Despite Negative Recommendation

Jul 30 2024 06:31 PM IST
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DB (International) Stock Brokers, a microcap company in the finance/NBFC industry, has announced its financial results for the quarter ending March 2024. Despite a 'Sell' call from MarketsMojo, the company has shown positive growth in net sales and profit after tax, indicating a strong sales trend and potential for profitability in the near term.

DB (International) Stock Brokers, a microcap company in the finance/NBFC industry, recently announced its financial results for the quarter ending March 2024. The results, declared on July 30, 2024, have received a ‘Sell’ call from MarketsMOJO.

Despite the negative recommendation, DB Intl.Stock has shown a positive financial performance in the quarter. The company’s score has fallen from 17 to 12 in the last 3 months, indicating a decline in overall performance.


However, there are some positive aspects to DB Intl.Stock’s financials for the quarter ending June 2024. The company’s net sales for the half-yearly period have grown by 74.08% year on year, reaching Rs 27.47 crore. This indicates a strong sales trend in the near term.


Additionally, the company’s profit after tax (PAT) for the half-yearly period has also shown growth, increasing by 36.86% year on year to reach Rs 4.01 crore. This suggests a positive trend in the company’s profitability in the near term.


Overall, DB (International) Stock Brokers has shown a mixed performance in the quarter ending March 2024, with a decline in its overall score but positive growth in net sales and PAT. Investors may want to closely monitor the company’s future financial results to make informed decisions.


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