JSW Holdings Reports Mixed Financial Results for Q1 FY25, Stock Receives 'Hold' Rating.

JSW Holdings, a midcap finance and non-banking financial company (NBFC), recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, JSW Holdings has shown a flat performance in the quarter, with a score of 0 compared to -11 in the previous 3 months. However, there are some positive aspects to the company’s financials.

The Profit After Tax (PAT) for the quarter was Rs 52.58 crore, which is a 35.2% increase from the average PAT of the previous four quarters, which was Rs 38.89 crore. This shows a positive trend in the near term for the company’s profits.

On the other hand, the Net Sales for the quarter were Rs 27.23 crore, which is a decrease of -35.8% from the average Net Sales of the previous four quarters, which was Rs 42.39 crore. This indicates a very negative trend in the near term for the company’s sales.

Another concerning aspect of JSW Holdings’ financials is the Operating Cash Flow, which has been the lowest in the last three years at Rs 114.99 crore. This shows a decline in the company’s cash revenues from business operations.

Overall, while there are some positive aspects to JSW Holdings’ financials, there are also some concerning trends that investors should keep in mind. The company’s stock has been given a ‘Hold’ call by MarketsMOJO, indicating a neutral stance on its performance.