Scoobee Garments India Reports Negative Financial Results for Q2 2024

Nov 13 2024 09:36 AM IST
share
Share Via
Scoobee Day Garments India, a microcap company in the paper and paper products industry, reported a significant decline in its financial performance for the quarter ending September 2024. The company's net sales, profit after tax, operating profit, and profit before tax all saw a negative trend, indicating a slowdown in its efficiency and profitability.

Scoobee Day Garments India, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Scoobee Garments has seen a very negative performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from -17 to -22 in the last three months.

One of the major factors contributing to this decline is the decrease in net sales. The company's net sales for the quarter were Rs 6.46 crore, which is a significant drop of 28.1% compared to the average net sales of the previous four quarters, which was Rs 8.99 crore. This indicates a very negative trend in the company's sales.

The company's profit after tax (PAT) has also taken a hit, with a decrease of 258.1% compared to the average PAT of the previous four quarters. The PAT for the quarter was Rs -1.08 crore, showing a very negative trend in the company's profitability.

Scoobee Garments' operating profit (PBDIT) for the quarter was also at its lowest in the last five quarters, at Rs -0.40 crore. This indicates a negative trend in the company's operating profit.

The company's operating profit margin for the quarter was also at its lowest in the last five quarters, at -6.19%. This shows a decline in the company's efficiency.

Furthermore, the company's profit before tax (PBT) less other income for the quarter was at its lowest in the last five quarters, at Rs -2.23 crore. This indicates a negative trend in the company's PBT.

In addition, the company's debtors turnover ratio for the half-yearly period was at its lowest in the last five periods, at 7.18 times. This suggests that the company's pace of settling its debtors has slowed down.

Overall, the financial results for the quarter ending September 2024 show a very negative performance for Scoobee Day Garments India. Investors should take note of these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News