Sungold Capital Reports Flat Performance for Q1 FY25, But Shows Positive Trends

Sungold Capital, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has reported a flat performance for the quarter, with a score of 3 out of 10, an improvement from the previous quarter’s score of -1.

Despite the flat performance, there are some positive aspects to note from the financial results. The company’s Profit Before Tax (PBT) less Other Income has been the highest in the last five quarters, standing at Rs 0.04 crore. This indicates a positive trend in the near term for PBT. Similarly, the Profit After Tax (PAT) has also been the highest in the last five quarters, at Rs 0.03 crore, with a positive trend in the near term.

The company’s Earnings per Share (EPS) for the quarter have also been the highest in the last five quarters, at Rs 0.02. This shows an increasing profitability for the company, resulting in higher earnings for its shareholders.

MarketsMOJO, a leading stock analysis platform, has given a ‘Sell’ call for Sungold Capital’s stock. However, with the positive financial results and improving trends, it will be interesting to see how the company performs in the upcoming quarters. Investors and stakeholders of Sungold Capital can keep a close eye on the company’s financial performance to make informed decisions.