PMC Fincorp Reports Strong Financial Results for Q2 FY25, Shows Positive Growth in Sales and Profitability

PMC Fincorp, a microcap finance company, has recently announced its financial results for the quarter ended September 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, PMC Fincorp has shown a very positive performance in the quarter, with a score of 23, which is an improvement from the previous score of 36 in the last 3 months.

One of the key highlights of the financial results is the growth in net sales, which has increased by 168.97% year on year, reaching Rs 15.17 crore in the half-yearly period. This shows a very positive sales trend for the company.

Another positive aspect is the growth in Profit After Tax (PAT), which has increased by 146.49% year on year, reaching Rs 11.24 crore in the half-yearly period. This indicates a very positive trend in the company’s profitability.

In terms of cash flow, PMC Fincorp has shown a strong performance with the highest operating cash flow of Rs 10.03 crore annually. This has also been growing consistently over the last three years, indicating the company’s ability to generate higher cash revenues from its business operations.

Furthermore, the company has also shown a growth in net sales in the half-yearly period, with a higher figure of Rs 15.17 crore compared to the previous 12-month period ended September 2024, which was Rs 14.06 crore. This shows a strong sales performance in the first half of the year, surpassing the sales of the entire previous year.

Overall, PMC Fincorp has shown a very positive financial performance in the quarter ended September 2024, with strong growth in net sales, PAT, and cash flow. This reflects the company’s potential for growth and stability in the finance industry.