KJMC Financial Services Reports Strong Q2 Results, Poised for Growth

Nov 14 2024 05:31 PM IST
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KJMC Financial Services, a microcap finance company, has reported positive financial results for the quarter ending September 2024. The company's operating cash flow, operating profit, profit before tax, profit after tax, and earnings per share have all shown an upward trend, indicating a strong performance in the near term. MarketsMojo has given a 'Hold' call for the company's stock.
KJMC Financial Services, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown positive performance in the second quarter of the fiscal year 2024-2025, with its score improving from 3 to 13 in the last three months.

One of the key factors contributing to this positive performance is the company's operating cash flow, which has been the highest at Rs 3.38 crore in the last three years. This indicates that KJMC Financial has generated higher cash revenues from its business operations.

In addition, the company's operating profit (PBDIT) for the quarter has been the highest at Rs 1.34 crore in the last five quarters, showing a positive trend in the near term. Similarly, the profit before tax less other income (PBT) for the quarter has also been the highest at Rs 1.08 crore in the last five quarters, indicating a positive trend in the near term.

Moreover, KJMC Financial has also shown a positive trend in its profit after tax (PAT) for the quarter, with the highest figure of Rs 0.74 crore in the last five quarters. This reflects the company's ability to generate higher profits for its shareholders.

Furthermore, the earnings per share (EPS) for the quarter have been the highest at Rs 1.54 in the last five quarters, indicating an increasing profitability for the company.

Based on these financial results, MarketsMOJO has given a 'Hold' call for KJMC Financial's stock. With its strong financial performance and positive trends, KJMC Financial is poised for growth in the finance/NBFC industry.
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