GACM Technologies' Q1 FY25 financial results reveal mixed performance, with positive and negative trends

GACM Technologies, a microcap company in the finance/NBFC industry, recently announced its financial results for the quarter ending June 2024. The results, declared on July 26, have received a ‘Strong Sell’ rating from MarketsMOJO.

Despite a flat performance in the quarter, GACM Tech has shown improvement in its overall score, increasing from 0 to 4 in the last three months. The company’s financials for the quarter have revealed some positive trends.

The Profit Before Tax (PBT) less Other Income has been the highest at Rs 0.34 crore and has grown consistently in the last five quarters. This indicates a very positive trend in the near term. Similarly, the Profit After Tax (PAT) has also shown growth in each quarter, with the highest being Rs 0.35 crore. The Operating Profit (PBDIT) has been the highest in the last five quarters at Rs 0.84 crore, with a positive trend in the near term. The company’s Earnings per Share (EPS) have also increased, reaching the highest at Rs 0.01 in the last five quarters, showcasing the company’s ability to generate higher earnings for its shareholders.

However, GACM Tech’s Net Sales for the nine-month period have shown a decline of -30.42% Year on Year (YoY), with a negative trend in the near term. This is an area of concern for the company.

Overall, GACM Technologies has shown a mixed performance in the quarter ending June 2024, with some positive and negative trends in its financials. Investors are advised to carefully consider these factors before making any investment decisions.