Orchasp Ltd's Financial Performance Declines Despite Positive Sales Growth

Nov 14 2024 06:54 PM IST
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Orchasp Ltd's financial performance for the quarter ending September 2024 has seen a decline, with a -11 score and a -3537.21% fall in PBT and -4300.0% fall in PAT year on year. Despite a positive sales trend, the company's profitability and EPS have decreased, leading to a 'Strong Sell' call from MarketsMojo.

Despite a positive net sales growth of 23.58% year on year, Orchasp Ltd has seen a decline in its financial performance for the quarter ending September 2024. The company's score has fallen from -8 to -11 in the last three months, indicating a negative trend.

According to the financial results declared on November 13, 2024, Orchasp Ltd's profit before tax less other income (PBT) has fallen by -3537.21% year on year, while the profit after tax (PAT) has fallen by -4300.0% year on year. The operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, indicating a negative trend.

Despite these challenges, Orchasp Ltd has shown a positive sales trend in the near term. However, the declining profitability and lower earnings per share (EPS) for shareholders are a cause for concern.

MarketsMOJO has given a 'Strong Sell' call for Orchasp Ltd's stock, indicating a negative outlook for the company's performance. Investors should carefully consider these financial results before making any investment decisions.
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