Lee & Nee Software (Exports) Shows Steady Performance in Q2 FY25 Financial Results
Lee & Nee Software (Exports), a microcap IT software company, has recently declared its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.
According to the financial report, Lee & Nee Soft. has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been an improvement in the company’s score, which has increased from 0 to 3 in the last three months.
One of the key highlights of the financial results is the growth in net sales, which has reached Rs 7.07 crore, showing a 25.35% increase year on year. This indicates a positive trend in the company’s sales in the near term.
In terms of operating profit, Lee & Nee Soft. has recorded its highest PBDIT (Profit Before Depreciation, Interest, and Taxes) in the last five quarters, standing at Rs -0.23 crore. This also shows a positive trend in the company’s operating profit in the near term.
Overall, the financial results for the quarter ending September 2024 suggest that Lee & Nee Software (Exports) is performing steadily in the IT software industry. However, investors should take note of the ‘Sell’ call given by MarketsMOJO and make informed decisions.
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