GACM Technologies Reports Mixed Financial Results for Q2 FY25

Oct 25 2024 05:49 PM IST
share
Share Via
GACM Technologies, a microcap finance company, reported its financial results for the quarter ending September 2024. While there were no significant changes in the company's performance, its Profit Before Tax and Profit After Tax were the highest in the last five quarters, indicating a positive trend. However, the Earnings per Share were the lowest, suggesting a decline in profitability. Investors should carefully evaluate these factors before investing.

GACM Technologies, a microcap finance company, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, GACM Tech’s performance for the quarter remained flat, with no significant changes in the last three months. However, there are some positive aspects to note. The company’s Profit Before Tax (PBT) less Other Income for the quarter was the highest in the last five quarters at Rs 0.40 crore, and it has shown growth each quarter. This indicates a positive trend in the near term for PBT.


Similarly, the Profit After Tax (PAT) for the quarter was also the highest in the last five quarters at Rs 0.41 crore, with growth seen in each quarter. This also suggests a positive trend in the near term for PAT.


On the other hand, the company’s Earnings per Share (EPS) for the quarter was the lowest in the last five quarters at Rs 0.01. This indicates a decline in profitability and lower earnings for shareholders.


Overall, GACM Tech’s financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News