Sellwin Traders Reports Strong Financial Performance in Q3, Net Sales Up by 93.90%

Sellwin Traders, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown a very positive performance in this quarter, with a score of 27 compared to 16 in the previous quarter. This improvement can be attributed to various factors, as seen in the financials.

One of the key highlights of the quarter is the significant growth in net sales, which has increased by 93.90% year on year, reaching Rs 10.18 crore. This is a clear indication of the company's strong sales trend in the near term. Additionally, the operating profit (PBDIT) for the quarter is the highest at Rs 0.98 crore, and it has shown consistent growth in the last five quarters. This trend is expected to continue in the near term as well.

The company's profit before tax (PBT) less other income has also reached its highest at Rs 0.98 crore, with a consistent growth in the last five quarters. This is a positive sign for the company's financial health. The profit after tax (PAT) for the quarter is also at its highest at Rs 0.74 crore, with a positive trend in the last five quarters.

Moreover, Sellwin Traders has also shown an improvement in its operating profit margin, which is at its highest in the last five quarters at 9.63%. This indicates an increase in the company's efficiency.

Based on these financials, MarketsMOJO has given a 'Sell' call for Sellwin Traders' stock. However, it is important to note that this is not a recommendation, and investors should do their own research before making any investment decisions. With its strong financial performance in the recent quarter, Sellwin Traders is definitely a company to watch out for in the finance/NBFC industry.