Minolta Finance Reports Mixed Financial Results for Q2 FY25, PAT Higher but PBDIT and PBT at Lowest in 5 Quarters

Minolta Finance, a microcap finance company, has recently announced 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, Minolta Finance has seen a flat performance in the second quarter of the fiscal year 2024-25. The company’s score has fallen from 1 to -2 in the last three months.

However, there are some positive aspects in the financials of Minolta Finance. The company’s Profit After Tax (PAT) for the nine-month period is higher at Rs 0.06 crore compared to the previous 12-month period of Rs 0.04 crore. This indicates that the company has already surpassed its sales from the previous year in just nine months.

On the other hand, there are some areas of concern for Minolta Finance. The company’s Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters at Rs 0.01 crore. The near-term trend for Operating Profit is also negative. Similarly, the Profit Before Tax less Other Income (PBT) for the quarter is also at its lowest in the last five quarters at Rs 0.01 crore. The near-term trend for PBT is also negative. Additionally, the company’s Earnings per Share (EPS) for the quarter is at its lowest in the last five quarters at Rs 0.01. This indicates a decline in profitability and lower earnings for shareholders.

Overall, Minolta Finance’s financial performance for the quarter ending September 2024 has been mixed. While there are some positive aspects, there are also areas of concern that need to be addressed by the company. Investors are advised to carefully evaluate the company’s financials before making any investment decisions.