Dharani Finance's Q2 financials show improvement, despite 'Sell' call by MarketsMOJO

Dharani Finance, a microcap finance company, recently declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a decline in its financial performance.

According to the financial report, Dharani Finance has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 7 to 3 in the last three months, indicating a decrease in its overall financial health.

However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the half-yearly period is higher at Rs 0.42 crore compared to the preceding 12-month period ending in September 2024, which was at Rs -0.30 crore. This shows an improvement in the company's profitability and growth potential.

In fact, in just the first half of the fiscal year, Dharani Finance has already surpassed its PAT for the entire previous year. This is a positive sign for the company and its investors.

Despite the current 'Sell' call by MarketsMOJO, Dharani Finance has the potential to turn its financial performance around and continue to grow in the future. Investors should keep an eye on the company's progress and make informed decisions based on its financial reports.