TRF Reports Negative Financial Results for Q2 FY25, Investors Beware

TRF, a microcap engineering company, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, indicating a negative outlook for the company’s performance.

According to the financial report, TRF has seen a decline in its profit before tax (PBT) by 34.25% year on year, with a negative trend in the near term. The profit after tax (PAT) has also fallen by 64.3% year on year, with a negative trend in the near term. The net sales have also decreased by 16.73% year on year, with a negative trend in the near term.

One of the major concerns for TRF is its rising interest cost, which has grown by 25.21% over the preceding nine months period. This signifies increased borrowings by the company. Additionally, the company’s non-operating income is 60.47% of its PBT, indicating a high reliance on non-business activities, which may not be a sustainable business model.

Overall, the financial performance of TRF for the quarter ending September 2024 has been negative, with a decline in key metrics. Investors should carefully consider these factors before making any investment decisions related to TRF.