Pritish Nandy Communications Reports Mixed Results for Q2, Net Sales Show Significant Growth

Pritish Nandy Communications, a microcap company in the film production, distribution, and entertainment industry, recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is 'Sell'.

According to the financial report, Pritish Nandy Communications has seen a flat performance in the second quarter of the fiscal year 2024-25, with a score of -2 compared to 23 in the previous three months. However, there are some positive aspects to the company's financials.

The net sales for the nine-month period have shown a significant growth of 129.76% year on year, reaching Rs 51.65 crore. This is a positive trend for the company, as it has already surpassed its sales from the previous twelve months. The profit after tax for the same period is also higher at Rs 0.93 crore, compared to a loss of Rs 0.35 crore in the previous twelve months.

On the other hand, there are some areas of concern for Pritish Nandy Communications. The profit before tax less other income for the quarter has fallen by 177.45% year on year, reaching Rs -0.79 crore. The operating profit margin for the quarter is also at its lowest at 0.00%, showing a decline in the company's efficiency. The operating profit and profit before tax less other income for the quarter are also at their lowest in the last five quarters, indicating a negative trend in the near term.

The earnings per share for the quarter are also at their lowest in the last five quarters, at Rs -0.38. This shows a decline in profitability and lower earnings for shareholders. Overall, while Pritish Nandy Communications has shown some positive growth in its net sales and profit after tax, there are some areas of concern that investors should keep in mind.