Nureca's Q2 FY25 financials show flat performance, but net sales see positive growth
Nureca, a microcap company in the medical equipment/supplies/accessories industry, recently announced its financial results for the quarter ending September 2024. According to the report, the company’s performance has remained flat compared to the previous quarter, with a score of 0, which is an improvement from the previous quarter’s score of -1.
One of the positive aspects of Nureca’s financials is its net sales, which have shown a growth of 37.2% compared to the average net sales of the previous four quarters. The company’s net sales for the quarter were Rs 31.19 crore, indicating a positive trend in the near term.
However, Nureca’s profit after tax (PAT) for the quarter has fallen by -436.8% compared to the average PAT of the previous four quarters. The company reported a PAT of -0.48 crore for the quarter, highlighting a very negative trend in the near term.
Despite the mixed financial results, MarketsMOJO has given a ‘Sell’ call for Nureca’s stock. As a microcap company in the medical equipment industry, Nureca’s performance will continue to be closely monitored by investors and analysts.
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