Galactico Corporate Services Reports Strong Financial Results for Q1 FY25
Galactico Corporate Services, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ending June 2024. The results, declared on August 1, 2024, have received a ‘Strong Sell’ call from MarketsMOJO.
Despite the negative financial performance of the quarter, Galactico Corpo. has shown improvement with a score of -10, compared to -20 in the previous 3 months. This indicates that the company is taking steps towards better financial management.
One of the key factors contributing to this improvement is the growth in net sales. The company’s net sales for the quarter were Rs 6.04 crore, which is a 33.6% increase from the average net sales of the previous four quarters, which stood at Rs 4.52 crore. This positive trend in sales is expected to continue in the near term.
Galactico Corpo. has also shown a strong performance in terms of profit after tax (PAT). The company’s PAT for the quarter was the highest in the last five quarters at Rs 0.69 crore. This indicates a positive trend in the company’s profitability in the near term.
Furthermore, the company’s earnings per share (EPS) for the quarter were also the highest in the last five quarters at Rs 0.05. This shows that Galactico Corpo. is creating higher earnings for its shareholders, which is a positive sign for the company’s future growth.
Overall, Galactico Corporate Services has shown promising financial results for the quarter ending June 2024. With a positive trend in net sales, PAT, and EPS, the company is on the right track towards improving its financial performance.
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