Trio Mercantile & Trading Reports Positive Growth in Key Financial Indicators for Q2 2024

Nov 14 2024 09:47 PM IST
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Trio Mercantile & Trading, a microcap finance company, has reported a flat performance in the second quarter of fiscal year 2024-2025. However, there has been an improvement in the company's score and profitability, with a positive trend in key financial indicators. MarketsMojo has given a 'Sell' call for the company's stock.
Trio Mercantile & Trading, a microcap finance 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.

According to the financial report, Trio Mercantile & Trading has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been an improvement in the company's score from 2 to 5 in the last three months.

The company's profit after tax (PAT) for the half-yearly period has increased to Rs 0.10 crore, compared to the preceding 12-month period ending in September 2024, which was at Rs -0.21 crore. This shows a positive growth in the company's profitability, as it has already surpassed its PAT for the previous 12 months in just half a year.

In terms of operating profit (PBDIT), Trio Mercantile & Trading has recorded its highest figure of Rs -0.09 crore in the last five quarters. This indicates a positive trend in the company's near-term operating profit.

Similarly, the company's profit before tax less other income (PBT) for the quarter has also been the highest in the last five quarters at Rs -0.09 crore. This shows a positive trend in the company's near-term PBT.

Overall, Trio Mercantile & Trading has shown a stable financial performance in the recent quarter, with positive growth in key financial indicators. However, investors should take note of the 'Sell' call given by MarketsMOJO and make informed decisions while investing in the company's stock.
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