Go Fashion (India) Reports Flat Performance in Q2 FY25, Operating Cash Flow Shows Consistent Growth

Go Fashion (India), a midcap retail company, has recently announced its financial results for the quarter ending September 2024. According to the latest report, the company’s performance has remained flat compared to the previous quarter, with a score of 1 out of 9.

Despite this, there are some positive aspects to Go Fashion’s financials. The company has shown a consistent growth in its operating cash flow, with the highest amount of Rs 218.69 crore in the last three years. This indicates that the company has been able to generate higher revenues from its business operations.

However, there are also some areas of concern for Go Fashion. The interest cost for the company has increased by 23.05% in the last nine months, reaching Rs 34.00 crore. This could be a result of increased borrowings, which may have a negative impact on the company’s financials in the long run.

Additionally, Go Fashion has also seen a rise in its non-operating income, with the highest amount of Rs 7.11 crore in the last five quarters. While this may seem like a positive sign, it is important to note that this income is from non-business activities and may not be sustainable in the long term.

Overall, the stock call for Go Fashion (I) by MarketsMOJO is ‘Hold’. Investors should carefully consider the company’s financial performance and future prospects before making any investment decisions.