Seshasayee Paper & Boards Reports Decline in Financial Performance for Q1 2024

Apr 27 2024 06:00 PM IST
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Seshasayee Paper & Boards, a smallcap company in the paper and paper products industry, has reported a negative financial performance for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMojo due to a decline in key financial indicators such as PBT, PAT, and EPS.
Seshasayee Paper & Boards Reports Decline in Financial Performance for Q1 2024

Seshasayee Paper & Boards, a smallcap company in the paper and paper products industry, recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Seshasayee Paper has seen a very negative performance in the quarter, with a score of -20 compared to -17 in the previous quarter. This indicates a decline in the company's financial health.

One of the major factors contributing to this decline is the Profit Before Tax (PBT) less Other Income, which has fallen by 59.02% year on year. The Profit After Tax (PAT) has also seen a significant decrease of 51.7% year on year. The company's Operating Profit (PBDIT) has been consistently falling in the last five quarters, indicating a negative trend in the near term.

In terms of sales, Seshasayee Paper has seen a decline of 5.89% year on year. The company's Operating Profit Margin has also reached its lowest point in the last five quarters, indicating a decrease in efficiency. The Earnings per Share (EPS) has also seen a decline, reaching its lowest point in the last five quarters.

Overall, Seshasayee Paper & Boards has shown a negative financial performance in the quarter ending March 2024. Investors should take note of these factors before making any investment decisions.
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