Vasudhagama Enterprises Reports Mixed Financial Results for Q2 FY25, Sales Up 137.50%

Vasudhagama Enterprises, a microcap 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 ‘Strong Sell’ rating by MarketsMOJO.

Despite the negative stock call, Vasudhagama Ent. has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company’s score has fallen from 16 to 9 in the last three months, indicating a decline in overall performance.

However, there are some positive aspects to the company’s financials. The net sales for the half-yearly period have grown by 137.50% year on year, reaching Rs 11.02 crore. This shows a strong sales trend for the company. Additionally, the profit after tax (PAT) for the nine-month period is higher at Rs 1.15 crore compared to the previous 12-month period, which was Rs 0.61 crore. This indicates that the company has already surpassed its sales from the previous year in just nine months.

On the other hand, there are some areas of concern for Vasudhagama Ent. The earnings per share (EPS) for the quarter is at its lowest in the last five quarters, at Rs 0.10. This shows a decline in profitability and lower earnings for shareholders.

Overall, Vasudhagama Enterprises has shown mixed financial results for the quarter ending September 2024. Investors should carefully consider all aspects of the company’s performance before making any investment decisions.