Tejnaksh Healthcare Reports Flat Q2 Results, Mixed Financial Performance for Investors

Nov 16 2024 05:21 PM IST
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Tejnaksh Healthcare, a microcap company in the hospital and healthcare services industry, reported a flat performance in the second quarter of fiscal year 2024-2025. While operating profit and profit after tax were the highest in the last five quarters, cash and cash equivalents were the lowest in the last six periods. Investors should carefully evaluate these factors before investing in the company's stock.

Tejnaksh Healthcare, a microcap company in the hospital and healthcare services industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Tejnaksh Health. has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 7 to 4 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 1.16 crore. The near-term trend for operating profit is also positive. Similarly, the profit after tax (PAT) for the quarter was the highest in the last five quarters, at Rs 0.62 crore. The near-term trend for PAT is also positive.

On the other hand, the company's cash and cash equivalents for the half-yearly period were the lowest in the last six periods, at Rs 1.74 crore. This indicates a deteriorating short-term liquidity for Tejnaksh Healthcare.

Overall, Tejnaksh Healthcare's financial performance for the quarter ending September 2024 has been flat, with some positive and negative aspects. Investors should carefully consider these factors before making any decisions regarding the company's stock.
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