Paragon Finance Reports Mixed Results for Q2, PAT Surpasses Previous Year's Total

Paragon Finance, a microcap finance company, has recently declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a decline in its financial performance. According to the financial report, Paragon Finance has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has dropped from 8 to 3 in the last three months, indicating a decline in its overall financial health. However, there are some positive aspects to the company's financials. The Profit After Tax (PAT) for the half-yearly period is higher at Rs 1.43 crore compared to the preceding 12-month period ending in September 2024, which was Rs 0.87 crore. This shows a growth in the company's profitability in the first half of the fiscal year. In fact, in just six months, Paragon Finance has already surpassed its PAT for the entire previous year. This is a positive sign for the company and its investors. Despite the 'Sell' call by MarketsMOJO, Paragon Finance's financials show some promising aspects. It will be interesting to see how the company performs in the upcoming quarters and if it can turn its financial performance around.