Vardhman Holdings Reports Negative Performance in Q2 FY24-25 Financial Results

Vardhman Holdings, a smallcap finance and non-banking financial company (NBFC), 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, Vardhman Holdings has seen a negative performance in the second quarter of the fiscal year 2024-25. The company's score has fallen from 22 to -10 in the last three months.

However, there are some positive aspects to the company's financials. The Dividend per Share (DPS) for the year has been the highest in the last five years at Rs 5.00. This indicates that the company is distributing higher dividends from its profits.

On the other hand, there are some areas where Vardhman Holdings needs to improve. The Net Sales for the quarter have fallen by -75.55% Year on Year (YoY) at Rs 7.40 crore. This shows a very negative trend in the company's near-term sales.

Similarly, the Profit After Tax (PAT) for the quarter has also fallen by -20.3% YoY at Rs 49.38 crore. The near-term trend for PAT is also negative. The Profit Before Tax less Other Income (PBT) has fallen by -9.87% YoY at Rs 61.61 crore, indicating a negative trend in the near term.

Overall, Vardhman Holdings has seen a decline in its financial performance in the second quarter of FY24-25. Investors should carefully consider these factors before making any investment decisions.