Grandma Trading's Q1 FY25 Financial Report Shows Decline, MarketsMOJO Gives 'Sell' Call.

Aug 05 2024 08:45 PM IST
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Grandma Trading & Agencies, a microcap trading company, reported a flat performance for the quarter ending June 2024 with a score of -3 compared to 1 in the previous quarter. The company's operating profit and profit before tax have been the lowest in the last five quarters, with a negative trend in the near term. Earnings per share have also declined, indicating lower profitability for shareholders. MarketsMojo has given a 'Sell' call for the company's stock.

Grandma Trading & Agencies, a microcap trading company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Grandma Trading’s performance for the quarter has been flat, with a score of -3 compared to 1 in the previous quarter. This indicates a decline in the company’s overall financial health.


One of the major factors contributing to this decline is the operating profit (PBDIT), which has been the lowest in the last five quarters at Rs -0.25 crore. The trend for near-term operating profit is also negative. Similarly, the profit before tax less other income (PBT) has also been the lowest in the last five quarters at Rs -0.25 crore, with a negative trend in the near term.


The company’s earnings per share (EPS) have also been on a downward trend, with the lowest recorded at Rs -0.02 in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders.


Overall, Grandma Trading’s financial performance for the quarter ending June 2024 has not been favorable. Investors are advised to take note of the ‘Sell’ call given by MarketsMOJO and carefully consider their investment decisions.


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