Money Masters Leasing & Finance Reports Positive Earnings Growth in Q2 FY25
Money Masters Leasing & Finance, a microcap finance company, has recently announced its financial results for the quarter ended September 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.
According to the financial report, Money Masters has shown a flat performance in the quarter, with a score of 2 out of 5. However, this is an improvement from the previous quarter’s score of 0.
Despite the flat performance, there are some positive aspects to the company’s financials. The earnings per share (EPS) for the quarter were the highest in the last five quarters, at Rs 0.25. This indicates that the company has been able to generate higher earnings for its shareholders.
Moreover, the profit after tax (PAT) for the nine-month period ending September 2024 was higher at Rs 0.71 crore compared to the preceding 12-month period of Rs 0.60 crore. This shows that the company has already surpassed its sales from the previous year in just nine months.
While the overall financial performance may not be impressive, these positive indicators suggest that Money Masters is on the right track and has the potential to improve in the future. Investors should keep an eye on the company’s progress in the coming quarters.
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