Shahi Shipping's Q2 Financial Results Show Negative Performance, MarketsMOJO Calls for 'Sell'

According to the latest financial results declared on November 14, 2024, Shahi Shipping, a microcap company in the shipping industry, has seen a negative performance in the second quarter of the fiscal year 2024-2025. This has resulted in a stock call of 'Sell' by MarketsMOJO.

The company's financial score has fallen from 8 to -9 in the last three months, indicating a decline in its financial health. The profit before tax (PBT) has decreased by 505.4% to -1.50 crore compared to the average PBT of the previous four quarters, which was 0.37 crore. Similarly, the profit after tax (PAT) has also fallen by 302.0% to -1.48 crore compared to the average PAT of the previous four quarters, which was 0.73 crore.

The operating profit (PBDIT) for the quarter is at its lowest in the last five quarters, standing at -1.25 crore. The PBT has also hit its lowest point in the last five quarters, standing at -1.50 crore. This indicates a negative trend in the company's near-term financial performance.

Furthermore, the earnings per share (EPS) for the quarter is at its lowest in the last five quarters, standing at -1.02. This shows a declining profitability for the company, resulting in lower earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a stock call of 'Sell' for Shahi Shipping. Investors are advised to carefully consider these financials before making any investment decisions.