Surana Solar's Q1 results show decline in operating profit margin, MarketsMOJO gives 'Sell' call.

Operating Profit Margin (OPM) - Quarterly: At 1.42% has Declined by -1.06% YoY. Company's profitability has decreased in the last year.

Despite the mixed financial results, MarketsMOJO has given a 'Sell' call for Surana Solar's stock. This could be due to the negative sales trend and decline in operating profit margin. However, it is worth noting that the company has shown improvement in its PAT and EPS, indicating positive growth in profitability and earnings for shareholders.

Surana Solar, a microcap company in the renewable energy industry, has declared its financial results for the quarter ending June 2024. The company's score has improved from -13 to 0 in the last 3 months, indicating a flat performance.

The company's PAT for the quarter was the highest in the last five quarters at Rs 0.28 crore, showing a positive trend in near term profitability. Similarly, the EPS for the quarter was also the highest in the last five quarters at Rs 0.06, indicating that the company has created higher earnings for its shareholders.

However, the company's net sales for the nine-month period have shown a decline of -30.42% YoY, with a negative trend in the near term. Additionally, the OPM for the quarter has also declined by -1.06% YoY, indicating a decrease in profitability for the company.

MarketsMOJO, a financial analysis platform, has given a 'Sell' call for Surana Solar's stock. This could be due to the negative sales trend and decline in operating profit margin. However, investors should also consider the positive growth in PAT and EPS before making any investment decisions.