V B Desai Fin. Reports Steady Performance in Q2 FY25, Shows Growth in Profitability and Revenue

V B Desai Financial Services, a microcap finance company, has recently announced its financial results for the quarter ended September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, a leading financial analysis platform.

According to the financial report, V B Desai Fin. 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.

One of the highlights is the Profit After Tax (PAT) for the nine-month period, which has increased to Rs 0.40 crore compared to the preceding 12-month period of Rs 0.34 crore. This indicates a growth in profitability for the company. Additionally, in just nine months, V B Desai Fin. has already surpassed its sales from the previous 12 months, showing a strong performance in terms of revenue.

While the company’s stock has been given a ‘Sell’ call by MarketsMOJO, it is important to note that this is based on their analysis and should not be considered as a recommendation. It is always advisable to do your own research and consult with a financial advisor before making any investment decisions.

Overall, V B Desai Financial Services has shown a steady financial performance in the quarter ended September 2024, with some positive indicators for future growth. Investors should keep an eye on the company’s progress and make informed decisions based on their own analysis.