Peeti Securities Reports Flat Performance in Q1 FY25, Lowest Profits in Five Quarters

Peeti Securities, a microcap company in the textile industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Peeti Securities has shown a flat performance in the quarter, with a score of -5, which is a decrease from the previous quarter’s score of -4. This indicates that the company’s financial health has not improved in the last three months.

One of the major factors contributing to this decline is the company’s operating profit (PBDIT), which has been the lowest in the last five quarters at Rs -0.07 crore. The trend for near-term operating profit is also negative, which is a cause for concern.

Similarly, the profit before tax less other income (PBT) has also been the lowest in the last five quarters at Rs -0.10 crore. This shows a negative trend in the near term for PBT as well.

Moreover, the earnings per share (EPS) for the quarter have also been the lowest in the last five quarters at Rs -0.05. This indicates a decline in profitability and lower earnings for shareholders.

Overall, Peeti Securities has not shown a positive financial performance in the quarter ending March 2024. Investors should carefully consider these factors before making any investment decisions.