Super Sales India Reports Negative Financial Performance in Q1 FY25

Super Sales India, a microcap textile company, has recently declared its financial results for the quarter ending June 2024. According to the data released on August 2, 2024, the company has seen a negative financial performance with a score of -16, which has slightly improved from -17 in the last three months.

The company’s profit before tax (PBT) has fallen by 114.2% to -0.45 crore compared to the average PBT of the previous four quarters, which was 3.17 crore. This indicates a very negative trend in the near term. Similarly, the profit after tax (PAT) has also fallen by 77.6% to 1.02 crore compared to the average PAT of the previous four quarters, which was 4.55 crore. The company’s operating cash flow has also decreased to 33.61 crore, the lowest in the last three years, indicating a decline in cash revenues from business operations.

Moreover, the net sales for the quarter have also decreased to 97.37 crore, the lowest in the last five quarters. This is a negative trend in the near term as well, with a 7.1% decrease compared to the average net sales of the previous four quarters, which was 104.80 crore. The company’s non-operating income is also a concern, as it is 141.28% of the PBT. This indicates that the company’s income from non-business activities is high, which is not a sustainable business model.

Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Super Sales India’s stock. Investors should carefully consider these factors before making any investment decisions.