Sulabh Engineers & Services Reports Flat Performance in Q2 FY25, with Mixed Financial Results

Sulabh Engineers & Services, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Sulabh Engineers has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company’s score has fallen from 1 to -1 in the last three months.

However, there are some positive aspects to the company’s financials. The operating profit (PBDIT) for the quarter was the highest in the last five quarters at Rs 1.22 crore. The near-term trend for operating profit is also positive. Similarly, the profit before tax less other income (PBT) for the quarter was the highest in the last five quarters at Rs 1.08 crore, with a positive trend in the near term.

On the other hand, there are some areas of concern for Sulabh Engineers. The operating cash flow for the year was the lowest in the last three years at Rs -1.53 crore, indicating a decline in cash revenues from business operations. Additionally, the earnings per share (EPS) for the quarter was the lowest in the last five quarters at Rs 0.02, showing a decline in profitability and lower earnings for shareholders.

Overall, Sulabh Engineers & Services has shown a mixed performance in the recent quarter. Investors should carefully consider these financials before making any investment decisions.