Trio Mercantile & Trading Reports Positive Financial Results for Q1 FY25
Trio Mercantile & Trading, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.
According to the financial report, Trio Merc. Trad. has shown a flat performance in the quarter, with the score remaining the same for the past 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 -0.09 crore. This indicates a positive trend in the near term for the company’s operating profit. Additionally, the profit after tax (PAT) for the nine-month period was higher at Rs 0.14 crore compared to the preceding 12-month period ending June 2024, which had a PAT of Rs -0.31 crore. This shows that the company has already surpassed its sales from the previous year in just nine months.
While the stock has been given a ‘Sell’ call by MarketsMOJO, it is important to note that this is based on the company’s current financial performance and does not take into account any potential future growth. Investors should carefully consider all factors before making any investment decisions.
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