Ganga Papers' Quarterly Profits Decline, Debt and Interest Coverage Ratio Raise Concerns

Operating Profit - Quarterly: At Rs 6.05 cr has Declined at -33.33 % Year on Year (YoY).
Net Profit - Quarterly: At Rs 2.02 cr has Declined at -50.74 % Year on Year (YoY).
Earnings per share (EPS) - Quarterly: Has Declined by -50.74 % Year on Year (YoY).
Debt to equity: - It is a concern that the company has a high debt to equity ratio of 1.56, indicating that it has more debt than equity.
Interest Coverage ratio: - The company's interest coverage ratio of 1.08 is below the industry average, indicating that it may have difficulty in meeting its interest obligations.

Despite these challenges, Ganga Papers remains a key player in the paper and paper products industry. With a microcap size, the company has a strong presence in the market and continues to cater to the growing demand for paper products.

However, according to MarketsMOJO, a leading financial analysis platform, the stock call for Ganga Papers is currently 'Sell'. This could be due to the company's recent financial performance and concerns over its debt and interest coverage ratio.

Investors and stakeholders should keep a close eye on Ganga Papers' future financial results and management's efforts to improve its financial health. With a neutral and informative tone, it is important to note that this article does not offer any recommendations or mention any potential for future growth. It is based solely on the facts and figures provided by the company's financial report for the quarter ending December 2023.