Spel Semiconduct's Q1 FY25 financial report shows mixed results, with highest EPS in 5 quarters

Spel Semiconduct, a microcap IT hardware company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Spel Semiconduct’s performance for the quarter has remained flat, with a slight improvement in its score from -6 to -5 in the last three months. However, there are some positive aspects to the company’s financials.

One of the highlights is the company’s earnings per share (EPS) for the quarter, which is the highest in the last five quarters at Rs -0.78. This indicates an increase in profitability and the company’s ability to generate higher earnings for its shareholders.

On the other hand, there are some areas that need improvement for Spel Semiconduct. The net sales for the nine-month period have decreased by -40.91% year on year, indicating a negative sales trend in the near term. Similarly, the profit after tax (PAT) for the same period has also decreased by -40.91% year on year, showing a negative trend in the company’s profitability.

Overall, Spel Semiconduct’s financial performance for the quarter ending June 2024 has been mixed, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.