Orient Green Power Company's Q1 FY25 Financial Results Show Mixed Performance

Aug 16 2024 08:55 AM IST
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Orient Green Power Company, a smallcap player in the power industry, reported a negative financial performance for the quarter ending June 2024. While the company's Debt-Equity Ratio has been decreasing and Debtors Turnover Ratio has been high, there are concerns with a decline in PBT, PAT, and Net Sales. Investors should carefully evaluate before investing.

Orient Green Power Company, a smallcap player in the power industry, recently declared its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

The quarter has seen a negative financial performance for Orient Green, with the score falling from -1 to -9 in the last three months. However, there are some positive aspects to the company’s financials based on the June 2024 results.


One of the strengths of Orient Green is its Debt-Equity Ratio, which has been consistently decreasing over the last five half yearly periods. The company has been reducing its borrowing in comparison to its equity capital. Additionally, the Debtors Turnover Ratio has been the highest in the last five half yearly periods, indicating that the company has been able to settle its debtors faster.


On the other hand, there are some areas of concern for Orient Green based on the June 2024 financials. The Profit Before Tax less Other Income (PBT) has fallen by -21.59% year on year, with a near term trend that is very negative. Similarly, the Profit After Tax (PAT) has also seen a decline of -44.48% year on year, with a negative near term trend. The Net Sales for the quarter have also fallen by -18.93% year on year, with a negative near term trend.


Overall, Orient Green’s financial performance for the quarter ending June 2024 has been mixed, with some strengths and weaknesses. Investors should carefully consider these factors before making any investment decisions.


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