Nyssa Corp. Reports Mixed Performance in Q1 FY25 Financial Results

Aug 13 2024 09:39 PM IST
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Nyssa Corporation, a microcap trading company, has reported its financial results for the quarter ending March 2024. While the company's stock has been given a 'Sell' call by MarketsMojo, its Profit Before Tax has seen a significant growth of 270.2% and Profit After Tax has also increased by 220.0%. However, the company's Cash and Cash Equivalents have decreased, indicating a deteriorating short-term liquidity. Investors are advised to carefully analyze the company's financials before making any investment decisions.

Nyssa Corporation, a microcap trading company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Nyssa Corp. has shown a flat performance in the quarter, with a score of 5 compared to -7 in the previous quarter. However, there are some positive aspects to the company’s financials.


The Profit Before Tax (PBT) has seen a significant growth of 270.2% at Rs 2.36 crore, compared to the average PBT of the previous four quarters at Rs 0.64 crore. This shows a very positive trend in the near term. Similarly, the Profit After Tax (PAT) has also seen a growth of 220.0% at Rs 1.88 crore, compared to the average PAT of the previous four quarters at Rs 0.59 crore.


On the other hand, the company’s Cash and Cash Equivalents have been at its lowest in the last six half-yearly periods at Rs 0.12 crore. This indicates a deteriorating short-term liquidity for Nyssa Corp.


Overall, Nyssa Corporation has shown a mixed performance in the quarter ending March 2024. Investors are advised to carefully analyze the company’s financials before making any investment decisions.


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