Expleo Solutions' Q1 financials show mixed results, MarketsMOJO gives 'Sell' call.

Revenue - Quarterly: At Rs 252.17 cr has Declined by -3.23% Quarter on Quarter (QoQ). Company's sales have decreased in the last quarter.

Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Expleo Solutions' stock. This could be due to various factors such as the company's declining revenue and negative PAT trend. However, there are some positive aspects to the financials, such as the company's improving operating profit and margin, as well as its strong cash and cash equivalents.

Expleo Solutions, a smallcap IT software company, has declared its financial results for the quarter ending June 2024. The company has seen a flat performance in this quarter, with a slight improvement in its overall score. This is a positive sign for the company, as it has improved from a score of -13 to -2 in the last three months.

One of the key highlights of Expleo Solutions' financials is its operating profit (PBDIT), which has been the highest in the last five quarters at Rs 38.80 crore. This shows that the company's near-term operating profit trend is positive. Additionally, the company's operating profit margin has also improved, reaching its highest at 15.39% in the last five quarters. This indicates that the company's efficiency has improved.

Another positive aspect of Expleo Solutions' financials is its cash and cash equivalents, which have been the highest in the last six half-yearly periods at Rs 184.06 crore. This shows that the company's short-term liquidity is improving.

However, there are some areas of concern in the financials as well. The company's profit after tax (PAT) for the nine-month period has shown a decline of -29.61% year on year (YoY) at Rs 73.64 crore. This indicates a negative trend in the near term. Additionally, the company's revenue for the quarter has declined by -3.23% quarter on quarter (QoQ) at Rs 252.17 crore. This shows a decrease in the company's sales in the last quarter.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Expleo Solutions' stock. This could be due to the company's declining revenue and negative PAT trend. However, investors should also consider the positive aspects of the financials, such as the improving operating profit and margin, as well as the strong cash and cash equivalents.