LGB Forge's Q2 FY24-25 Results Show Mixed Performance, Operating Cash Flow Highest in 3 Years

Net Profit - Quarterly: At Rs -0.88 cr has Fallen at -1.1 % over average Net Profit of the previous four quarters of Rs -0.87 Cr.Near term profit trend is negative.

Despite a flat financial performance in the second quarter of FY24-25, LGB Forge has shown some positive signs in its financial results. The company's operating cash flow has been the highest in the last three years, indicating a strong revenue generation from its business operations. Additionally, the operating profit (PBDIT) and operating profit margin have also shown improvement, suggesting an increase in efficiency.

On the other hand, the net sales and net profit have seen a decline in the second quarter, which may be a cause for concern. However, the company's debtors turnover ratio has improved, indicating a faster settlement of debts.

MarketsMOJO has given a 'Strong Sell' call for LGB Forge's stock, based on its financial performance in the second quarter. The company's score has also improved from 0 to 2 in the last three months, which may be a positive sign for investors.

Overall, LGB Forge's financial results for the second quarter of FY24-25 have been mixed, with some positive and negative trends. It will be interesting to see how the company performs in the upcoming quarters and if it can maintain its positive trends in operating cash flow and operating profit.