Patspin India's Q1 FY25 financial report shows mixed results, with positive sales and PBT but negative PAT

Aug 13 2024 09:10 PM IST
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Patspin India, a microcap textile company, reported a negative performance in the quarter ending June 2024, with a score of -6. However, the company's net sales and PBT showed positive trends, while PAT saw a decrease. Investors should carefully evaluate these factors before making any investment decisions.

Patspin India, a microcap textile company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ call by MarketsMOJO.

According to the financial report, Patspin India has seen a negative performance in the quarter, with a score of -6, which is an improvement from the previous quarter’s score of -9. However, there are some positive aspects to the company’s financials.


The net sales for the quarter were the highest in the last five quarters, at Rs 13.65 crore. This is a 24.5% growth over the average net sales of the previous four quarters, indicating a positive trend in the near term. Additionally, the profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs -3.15 crore. This shows a positive trend in the near term for PBT.


On the other hand, the profit after tax (PAT) for the quarter was at Rs -2.37 crore, which is a decrease of -6.5% over the average PAT of the previous four quarters. This indicates a negative trend in the near term for PAT.


Overall, Patspin India’s financial performance for the quarter ending June 2024 has been a mix of positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


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