SG Finserve Reports Mixed Q3 FY24-25 Results Amid Sales Decline and Profit Growth

Jan 17 2025 05:18 PM IST
share
Share Via
SG Finserve announced its third-quarter financial results for FY24-25, revealing a flat overall performance. The company reported a profit before tax of Rs 32.15 crore, the highest in five quarters, while net sales declined significantly to Rs 42.49 crore, indicating mixed financial outcomes.
SG Finserve, a small-cap player in the finance and non-banking financial company (NBFC) sector, has released its financial results for the third quarter of FY24-25 on January 17, 2025. The company reported a flat financial performance, with its evaluation changes reflecting a revision in its score to -3 from -8 over the past three months.

In terms of profitability, SG Finserve achieved a profit before tax (PBT) of Rs 32.15 crore, marking the highest figure in the last five quarters. This trend in near-term PBT indicates some resilience in the company's financial operations.

However, SG Finserve faced challenges in its net sales, which totaled Rs 42.49 crore for the quarter. This figure represents a significant decline of 19.00% year-on-year, reflecting a very negative near-term sales trend. The overall financial results suggest a mixed performance for SG Finserve, with profitability showing some improvement while sales figures continue to decline.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{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