Graviss Hospital Reports Strong Financial Performance in Q2 of FY 2024-2025

Graviss Hospital, a microcap company in the hotel, resort, and restaurant industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

Despite the negative recommendation, Graviss Hospital has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from -7 to 13 in the last three months.

According to the financial report, the company's Profit After Tax (PAT) for the quarter has grown by 487.4% year on year, reaching Rs 8.91 crore. The net sales have also shown a positive trend, growing by 31.39% year on year to reach Rs 12.60 crore. The company's PAT for the quarter is the highest in the last five quarters, indicating a positive trend in profitability.

However, there are some areas of concern for Graviss Hospital. The company's operating cash flow has been consistently falling in the last three years, reaching its lowest at Rs 8.86 crore annually. Additionally, the non-operating income for the quarter is 271.43% of the Profit Before Tax (PBT), which may not be a sustainable business model. The company's non-operating income has also shown a significant increase in the last five quarters, raising questions about its sustainability.

Despite these concerns, Graviss Hospital has shown positive financial performance in the recent quarter. Investors should carefully consider all aspects before making any investment decisions.