Lee & Nee Software (Exports) Shows Steady Performance in Q2 FY25 Financial Results

Nov 18 2024 12:19 PM IST
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Lee & Nee Software (Exports) has released its financial results for the quarter ending September 2024, showing a flat performance but an improvement in its score. Net sales have increased by 25.35% year on year, indicating a positive trend. The company's operating profit has also shown improvement, with its highest PBDIT in the last five quarters. Investors should consider the 'Sell' call given by MarketsMojo before making any decisions.

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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