SG Finserve's Q2 FY25 Financial Results Show Negative Performance, MarketsMOJO Gives 'Sell' Call

Oct 15 2024 09:00 PM IST
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SG Finserve, a smallcap finance company, has reported a negative performance in the quarter ending September 2024, with a score of -8 compared to 19 in the previous quarter. The company's net sales, PBT, and PAT have declined by -29.59%, -11.21%, and -19.3% respectively, compared to the same quarter last year. This has resulted in the company's lowest net sales, operating profit, and PBT in the last five quarters. The operating profit margin has also decreased to 67.30%, and the EPS is at its lowest in the last five quarters. MarketsMojo has given a 'Sell' call for SG Finserve's stock based on these financial results.

SG Finserve, a smallcap finance company, has recently declared its financial results for the quarter ending September 2024. According to the report, the company has seen a negative performance in this quarter, with a score of -8 compared to 19 in the previous three months.


The financials for the quarter show a decline in net sales, profit before tax (PBT), and profit after tax (PAT) by -29.59%, -11.21%, and -19.3% respectively, compared to the same quarter last year. This trend is also reflected in the company’s lowest net sales and operating profit in the last five quarters.


The operating profit margin has also decreased to 67.30%, indicating a decline in the company’s efficiency. The PBT for the quarter is also at its lowest in the last five quarters, further highlighting the negative trend in the company’s financial performance.


The earnings per share (EPS) for the quarter is also at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders.


Based on these financial results, MarketsMOJO has given a ‘Sell’ call for SG Finserve’s stock. The company’s financial performance for the quarter ending September 2024 has not been favorable, and investors may want to consider this before making any investment decisions.


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