KIFS Financial Services Reports Decline in Q1 FY25 Financial Results

Aug 10 2024 07:32 PM IST
share
Share Via
KIFS Financial Services, a microcap finance company, reported a flat performance for the quarter ending June 2024 with a decline in net sales by 28% and profit after tax by 15.2%. This indicates a negative trend in the company's overall financial health and investors are advised to make informed decisions regarding their investments.

KIFS Financial Services, a microcap finance 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, KIFS Financial’s performance for the quarter has been flat, with a score of 2 compared to 17 in the previous 3 months. This indicates a decline in the company’s overall financial health.


One of the major factors contributing to this decline is the net sales, which have fallen by 28% to Rs 8.39 crore compared to the average net sales of the previous four quarters, which was Rs 11.66 crore. This shows a negative trend in the company’s sales in the near term.


Similarly, the profit after tax (PAT) for the quarter has also decreased by 15.2% to Rs 1.51 crore compared to the average PAT of the previous four quarters, which was Rs 1.78 crore. This indicates a negative trend in the company’s profitability in the near term.


Overall, the financial results for the quarter ending June 2024 have not been favorable for KIFS Financial Services. Investors are advised to take note of these numbers and make informed decisions regarding their investments in the company.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
KIFS Financial Services Ltd is Rated Sell
Dec 25 2025 03:13 PM IST
share
Share Via
Why is KIFS Financial Services Ltd falling/rising?
Dec 24 2025 02:19 AM IST
share
Share Via
Is KIFS Financial overvalued or undervalued?
Dec 05 2025 08:26 AM IST
share
Share Via
Why is KIFS Financial falling/rising?
Nov 19 2025 10:59 PM IST
share
Share Via
How has been the historical performance of KIFS Financial?
Nov 19 2025 10:42 PM IST
share
Share Via
Is KIFS Financial overvalued or undervalued?
Nov 18 2025 08:21 AM IST
share
Share Via