RSD Finance Reports Strong Financial Results for Q1 FY25, Positive Near-Term Trends

RSD Finance, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has shown a very positive performance, with its score improving from 12 to 22 in the last three months.

One of the key factors contributing to this growth is the Profit Before Tax less Other Income (PBT) which has seen a significant increase of 103.1% compared to the average PBT of the previous four quarters. This shows a strong near-term trend for the company.

The net sales for the quarter have also been the highest in the last five quarters, standing at Rs 32.55 crore. This is a positive sign for RSD Finance, as the near-term sales trend is also on the rise. The company has shown a growth of 26.3% in net sales compared to the average of the previous four quarters.

The operating profit (PBDIT) for the quarter has also been the highest in the last five quarters, standing at Rs 9.46 crore. This indicates a positive near-term trend for the company. The Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) have also shown a similar trend, with both being the highest in the last five quarters.

RSD Finance has also shown an increase in its Earnings per Share (EPS) which stands at Rs 4.13, the highest in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a ‘Hold’ call for RSD Finance’s stock. With its strong financial performance and positive near-term trends, RSD Finance is showing promising growth in the finance industry.