Saksoft's Q2 Financials Show Mixed Results, Debt to Equity Ratio Increases

Nov 13 2024 05:02 PM IST
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Saksoft's second quarter financial results for FY24-25 have shown a decline in EPS and an increase in debt to equity ratio. While operating cash flow, net sales, and operating profit have seen growth, non-operating income and debt levels are a cause for concern. MarketsMojo has given a 'Sell' call for the stock.
Earnings Per Share (EPS) - Quarterly: Decreased to Rs 5.26 from Rs 6.14 in the last quarter.EPS has shown a decline in the last quarter.
Debt to Equity Ratio - Quarterly: Increased to 0.09 from 0.07 in the last quarter.The company's debt to equity ratio has increased, indicating a higher reliance on debt for financing.
Overall, Saksoft has shown a mixed financial performance in the second quarter of FY24-25. While the company has seen growth in operating cash flow, net sales, and operating profit, there are some concerns with non-operating income and debt levels. MarketsMOJO has given a 'Sell' call for the stock, possibly due to these factors. Investors should carefully consider these financials before making any investment decisions.
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