Uniroyal Marine Exports Reports Decline in Key Areas, Receives Sell Call from MarketsMOJO

Uniroyal Marine Exports, a microcap company in the aquaculture industry, recently announced its financial results for the quarter ending in June 2024. The company's stock has been given a "Sell" call by MarketsMOJO.

According to the financial report, Uniroyal Marine has seen a decline in its overall performance, with a score of -13 compared to -12 in the previous quarter. This negative trend is reflected in several key areas.

The company's Profit Before Tax (PBT) less Other Income has fallen by 345.71% year on year, reaching a low of -1.56 crore rupees. This is a significant decrease and indicates a very negative trend in the near term. Additionally, the company's Net Sales for the half-year have also decreased by 34.70% year on year, with a negative trend in the near term.

Uniroyal Marine's Profit After Tax (PAT) for the half-year has also seen a decline of 34.70% year on year, with a negative trend in the near term. The company's Operating Profit (PBDIT) for the quarter is at its lowest in the last five quarters, at -1.15 crore rupees. This indicates a negative trend in the near term for the company's operating profit.

Overall, Uniroyal Marine's financial performance for the quarter ending in June 2024 has been negative, with a decline in key areas such as PBT, Net Sales, PAT, and Operating Profit. This has led to a "Sell" call for the company's stock by MarketsMOJO.