Kesar Enterprise Reports Negative Financial Results for Q2 FY25, MarketsMOJO Calls for 'Sell'

Nov 18 2024 12:50 PM IST
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Kesar Enterprises, a microcap company in the sugar industry, has reported a negative performance in the second quarter of fiscal year 2024-2025. Despite recording the highest operating cash flow in the last three years, the company's net sales and profits have seen a significant decline, leading to a 'Sell' call by MarketsMojo.

Kesar Enterprises, a microcap company in the sugar industry, recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is ‘Sell’.

According to the financial report, Kesar Enterprise has seen a negative performance in the second quarter of the fiscal year 2024-2025. The company’s score has fallen from 4 to -9 in the last three months.


However, there are some positive aspects in the financials of Kesar Enterprise. The company has recorded the highest operating cash flow of Rs 57.26 crore in the last three years, indicating a strong cash flow from its business operations.


On the other hand, there are some areas of concern for Kesar Enterprise. The net sales for the quarter were at Rs 37.52 crore, which is a significant decrease of -67.9% compared to the average net sales of the previous four quarters. This indicates a negative trend in the company’s sales in the near term.


Similarly, the profit before tax (PBT) has also seen a sharp decline of -364.0% at Rs -23.42 crore compared to the average PBT of the previous four quarters. The profit after tax (PAT) has also fallen by -227.5% at Rs -22.94 crore compared to the average PAT of the previous four quarters.


Moreover, the net sales for the quarter were the lowest in the last five quarters, indicating a negative trend in the company’s sales in the near term.


Overall, the financial results of Kesar Enterprise for the quarter ending September 2024 have been negative, with a ‘Sell’ call by MarketsMOJO. Investors should carefully consider these factors before making any investment decisions.


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