First Fintec Reports Mixed Financial Results with Rising Profitability and Liquidity Concerns in February 2025

First Fintec, a microcap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 14, 2025, indicate a notable adjustment in evaluation, with the score rising to 5 from 2 over the past three months.
The financial data reveals several positive trends for First Fintec. The Profit Before Tax (PBT) reached its highest level at Rs 0.06 crore, showing consistent growth over the last five quarters. Similarly, the Profit After Tax (PAT) also peaked at Rs 0.26 crore during this period, reflecting a favorable trajectory in profitability. Additionally, Earnings per Share (EPS) reached Rs 0.25, marking an increase in earnings for shareholders.

However, there are areas of concern as well. The company's cash and cash equivalents have fallen to Rs 0.01 crore, the lowest in the last six half-yearly periods, indicating challenges in short-term liquidity. Furthermore, the Debtors Turnover Ratio has decreased to 2.45 times, suggesting a slowdown in the pace of settling debts.

Overall, First Fintec's recent financial results highlight a mix of positive developments and challenges that warrant attention.

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