Smart Finsec's Q1 FY25 financial results show decline in net sales and negative trend
Smart Finsec, a microcap finance company, recently announced its financial results for the quarter ending June 2024. The company’s net sales for the nine-month period were reported at Rs 12.70 crore, showing a decline of 42.11% compared to the same period last year. This decrease in sales is a cause for concern, especially considering the negative trend in the near term.
The overall financial performance of Smart Finsec for the quarter has been flat, with a score of -3 compared to 3 in the previous quarter. This indicates a decline in the company’s financial health in the last three months.
MarketsMOJO, a leading stock analysis and recommendation platform, has given a ‘Strong Sell’ call for Smart Finsec’s stock. This is based on the company’s financial performance and market trends.
It is important to note that Smart Finsec is a microcap company in the finance industry, which means it has a relatively small market capitalization. This can make the company more susceptible to market fluctuations and changes in investor sentiment.
Overall, the financial results for the quarter ending June 2024 do not paint a positive picture for Smart Finsec. The decline in net sales and negative trend in the near term are areas of concern for the company. Investors should carefully consider these factors before making any investment decisions.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
