Tricom Fruit's Revenue Remains Steady, Low Debt to Equity Ratio Signals Strong Financial Position

Revenue: The company's revenue for the quarter ended Jun 2024 was Rs 2.12 cr, a slight decrease from the previous quarter's revenue of Rs 2.15 cr. However, the company's revenue for the half year ended Jun 2024 has increased to Rs 4.27 cr from Rs 4.22 cr in the previous twelve months.Gross Profit Margin: Tricom Fruit has maintained a steady gross profit margin of 25% for the quarter ended Jun 2024, which is in line with the previous quarter's margin. This indicates that the company is efficiently managing its production and operating costs.
Debt to Equity Ratio: The company has a low debt to equity ratio of 0.02, indicating a strong financial position and low risk for investors.
Based on these financial results, MarketsMOJO has given a 'Sell' call for Tricom Fruit's stock. However, the company has shown improvement in its financial performance in the last 3 months, with a higher PAT and increased revenue for the half year. This could be a positive sign for the company's future growth. Investors should carefully consider these factors before making any investment decisions.