Samtex Fashion Reports Positive Financial Results for Q2 FY25, Despite 'Sell' Call
Samtex Fashion, a microcap company in the textile industry, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, indicating a potential decline in its value.
According to the financial report, Samtex Fashion has maintained a flat performance in the second quarter of the fiscal year 2024-2025. The company’s score has remained unchanged in the last three months.
However, there are some positive aspects to the company’s financials. The Profit Before Tax (PBT) less Other Income for the quarter is the highest in the last five quarters, standing at Rs -0.08 crore. This indicates a positive trend in the near term for PBT. Similarly, the Profit After Tax (PAT) for the quarter is also the highest in the last five quarters, at Rs -0.07 crore. The company’s Earnings per Share (EPS) for the quarter is also the highest in the last five quarters, at Rs -0.01. This shows an increasing profitability for the company and higher earnings for its shareholders.
Despite the ‘Sell’ call by MarketsMOJO, Samtex Fashion’s financials show some promising signs for the future. Investors and stakeholders can keep an eye on the company’s performance in the upcoming quarters to see if it can maintain its positive trend.
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