TGB Banquets Shows Positive Growth in Q2 Financial Results, Strong Operating Cash Flow and Higher PAT

TGB Banquets & Hotels, a microcap company in the hotel, resort, and restaurant industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, TGB Banquets has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a significant improvement in the company's score, which has increased from -5 to 5 in the last three months.

One of the key factors contributing to this improvement is the company's strong operating cash flow. TGB Banquets has recorded the highest annual operating cash flow of Rs 10.22 crore and has shown consistent growth in the last three years. This indicates that the company has been able to generate higher revenues from its business operations.

Moreover, the company's profit after tax (PAT) for the half-yearly period is also higher at Rs 0.35 crore compared to the previous 12 months' PAT of Rs -3.56 crore. This shows a positive trend in the company's financial performance, as it has already surpassed its PAT for the previous year in just six months.

While the stock call for TGB Banquets is currently 'Strong Sell' by MarketsMOJO, the company's financials suggest that it is making progress towards improving its performance. With a strong operating cash flow and a higher PAT, TGB Banquets is on track to achieve better results in the future.