One 97 Communications Reports Mixed Financial Results for Q2 FY25

Oct 22 2024 03:02 PM IST
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One 97 Communications, a largecap company in the finance/NBFC industry, reported a negative financial performance in the quarter ending September 2024. Despite a consistently growing operating cash flow and increasing earnings per share, the company's net sales and profit after tax have decreased, raising concerns for investors.

One 97 Communications, a largecap company in the finance/NBFC industry, 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 financials, One 97 has seen a negative performance in the quarter, with a score of -7 compared to -14 in the previous quarter. However, there are some positive aspects to the company’s financials.


One of the strengths of One 97 is its operating cash flow, which has been consistently growing over the past three years and is currently at its highest at Rs 650.80 crore annually. This indicates that the company has been able to generate higher cash revenues from its business operations.


Another positive aspect is the company’s earnings per share (EPS), which has been steadily increasing and is currently at its highest at Rs 14.57 in the last five quarters. This shows that the company has been able to improve its profitability and create higher earnings for its shareholders.


However, there are also some areas of concern in One 97’s financials. The net sales for the quarter have fallen by -27.4% compared to the average net sales of the previous four quarters. This indicates a negative trend in the company’s sales in the near term.


Similarly, the profit after tax (PAT) for the half-yearly period has also decreased by -34.96% year on year, showing a negative trend in the near term. Additionally, the non-operating income for the quarter has increased, but this may not be sustainable as it comes from non-business activities.


Overall, One 97 Communications has had a negative financial performance in the quarter ending September 2024. While there are some positive aspects to the company’s financials, there are also some areas of concern that investors should take note of before making any investment decisions.


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