Saraswati Commercial (India) Reports Impressive Q2 Results, Positive Trends in Sales and Profits
Saraswati Commercial (India), a smallcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown an outstanding performance in this quarter, with a score of 35 out of 37, which is a significant improvement from the previous quarter.
According to the financials, the company's net sales for the quarter were Rs 78.31 crore, which is a growth of 87.6% compared to the average net sales of the previous four quarters. This indicates a very positive sales trend for the company in the near term. Similarly, the profit before tax (PBT) less other income for the quarter was Rs 76.56 crore, showing a growth of 89.2% over the average PBT of the previous four quarters. The profit after tax (PAT) for the quarter was also impressive at Rs 63.33 crore, with a growth of 92% over the average PAT of the previous four quarters.
The company's net sales for the quarter were the highest in the last five quarters, indicating a positive sales trend in the near term. The operating profit (PBDIT) for the quarter was also the highest in the last five quarters at Rs 76.71 crore. The PBT and PAT for the quarter were also the highest in the last five quarters, showing a positive trend in the near term. The earnings per share (EPS) for the quarter were also the highest in the last five quarters, indicating an increasing profitability and higher earnings for shareholders.
However, the company's cash and cash equivalents for the half-yearly period were the lowest in the last six periods, indicating a deteriorating short-term liquidity. This is something that the company needs to address in order to maintain its positive financial performance.
Overall, Saraswati Commercial (India) has shown a strong financial performance in the quarter ending September 2024, with positive trends in sales, PBT, PAT, and EPS. Investors are advised to hold their stocks in the company, as recommended by MarketsMOJO.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
{{text.big_txt}}
{{text .small_txt}}
{{dashverdictresult.dashboard.stock_details.short_name}}
SEND BY EMAIL
Register now to see if the stock’s characteristics match your investment style
Subscribe now to see if the stock's characteristics match your investment style
{{dashverdictresult.dashboard.risk_return_voltality.risk_type}}, {{dashverdictresult.dashboard.risk_return_voltality.return_type}}
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
| {{ value[0] }} | {{ value[1] }} | {{ value[2] }} | {{ value[3] }} |
Create your portfolio and know how much should this stock be in your portfolio
Subscribe now to know how much you should hold in this stock
We have found 2 better stocks that you can consider
{{dashverdictresult.dashboard.return_text}}
Investors Returns (3 years) –
| Period | 6M | 1Y | 2Y | 3Y |
| {{ keyd.val }} | ||||
| {{ keyd.val }} |
Quality: {{dashverdictresult.dashboard.dotsummary.q_txt}}
Valuation: {{dashverdictresult.dashboard.dotsummary.v_txt}}
Quarterly Financial Trend: {{dashverdictresult.dashboard.dotsummary.f_txt}}
Technicals: {{dashverdictresult.dashboard.dotsummary.tech_txt}}
Stock Info:
BSE – {{dashverdictresult.dashboard.stock_details.scripcode}}/ NSE – {{dashverdictresult.dashboard.stock_details.symbol}}
Market Cap – {{dashverdictresult.dashboard.priceinfo.mcap_class}} (Rs. {{dashverdictresult.dashboard.priceinfo.mcap| number :0}} cr)
Sector – {{dashverdictresult.dashboard.stock_details.ind_name}}
52 w H/L (Rs.) – {{dashverdictresult.dashboard.priceinfo.wk_high52}}/{{dashverdictresult.dashboard.priceinfo.wk_low52}}
Average vol (6M) – {{dashverdictresult.dashboard.priceinfo.vol}}
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
