Golechha Global Finance Reports Strong Financial Performance in Q1 FY25

Aug 13 2024 09:06 PM IST
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Golechha Global Finance, a microcap finance company, has reported a significant improvement in its financial performance for the quarter ending March 2024. The company's net sales have grown by 288.24% year on year, while its operating profit and profit before tax have reached their highest figures in the last five quarters. This indicates a positive trend for the company's near-term performance.

Golechha Global Finance, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Golechha Global Finance has shown a significant improvement in its performance in the last quarter. The company’s score has increased from 5 to 21 in the past three months.


One of the key factors contributing to this positive performance is the company’s net sales, which have grown by 288.24% year on year, reaching Rs 11.22 crore in the first half of the year. This shows a very positive sales trend for the company.


In terms of operating profit, Golechha Global Finance has recorded its highest figure of Rs 1.07 crore in the last five quarters. This indicates a positive trend in the company’s near-term operating profit.


Similarly, the company’s profit before tax (PBT) has also reached its highest figure of Rs 1.07 crore in the last five quarters, showing a positive trend in the near term. The profit after tax (PAT) has also seen a significant increase, reaching Rs 0.81 crore in the last quarter.


Moreover, Golechha Global Finance has also shown an increase in its earnings per share (EPS), reaching its highest figure of Rs 1.47 in the last five quarters. This indicates the company’s ability to generate higher earnings for its shareholders.


Overall, Golechha Global Finance has shown a strong financial performance in the last quarter, with positive trends in key financial indicators. Investors may want to consider holding onto their stocks in the company for now.


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