Pro Fin Capital Services Reports Strong Financial Performance in Q2 FY24-25

Nov 16 2024 05:05 PM IST
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Pro Fin Capital Services, a microcap finance company, has reported a strong financial performance in the second quarter of FY24-25, with significant increases in PBT and PAT. The company's net sales have also shown a positive trend, along with higher cash revenues and profitability. This indicates a positive outlook for the company in the near term.
Pro Fin Capital Services, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Hold' call from MarketsMOJO, indicating a neutral stance on its stock.

According to the financials, Pro Fin Capital has shown a very positive performance in the second quarter of FY24-25. The company's score has improved from 12 to 25 in the last three months, indicating a strong growth trend.

One of the key factors contributing to this growth is the Profit Before Tax less Other Income (PBT) for the quarter, which has shown a significant increase of 1042.7% compared to the average PBT of the previous four quarters. The Profit After Tax (PAT) has also seen a remarkable growth of 1300.0% over the average PAT of the previous four quarters. This indicates a very positive trend in the near term for the company.

The company's net sales for the half-yearly period have also shown a strong growth of 54.34% Year on Year (YoY), indicating a positive sales trend in the near term. Pro Fin Capital has also generated higher cash revenues from its business operations, with the Operating Cash Flow being the highest in the last three years.

In terms of profitability, the company has shown a positive trend in its Operating Profit (PBDIT) for the last five quarters, with the highest being Rs 6.45 cr. The Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) have also shown a positive trend in the last five quarters, with the highest being Rs 3.37 cr and Rs 2.46 cr respectively. This indicates that the company has been able to create higher earnings for its shareholders.

Overall, Pro Fin Capital Services has shown a strong financial performance in the quarter ending September 2024, with positive trends in key areas such as PBT, PAT, net sales, and operating profit. This is a positive sign for the company and its investors.
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