Integra Capital's Q2 financials show flat performance, with some positive and negative aspects

Integra Capital Management, a microcap finance company, has recently announced its financial results for the quarter ended June 2024. According to the report, the company has seen a flat performance in the quarter, with a score of 0 compared to 2 in the previous quarter.

Despite this, there are some positive aspects to Integra Capital's financials. The company's Profit After Tax (PAT) for the nine-month period is higher at Rs 0.82 crore compared to the preceding 12-month period of Rs 0.36 crore. This indicates that the company has already surpassed its sales from the previous year in just nine months.

However, there are also some areas of concern for Integra Capital. The company's Cash and Cash Equivalents for the half-yearly period is at its lowest at Rs 0.01 crore in the last six half-yearly periods. This suggests that the company's short-term liquidity is deteriorating.

MarketsMOJO, a leading stock analysis platform, has given a 'Sell' call for Integra Capital's stock. This may be a cause for concern for investors, but it is important to note that this is just one opinion and should not be the sole factor in making investment decisions.

Overall, Integra Capital's financial performance for the quarter ended June 2024 has been flat, with some positive and negative aspects. Investors should carefully consider all factors before making any investment decisions.