Vishal Bearings Reports Mixed Results for Q2 FY25, Operating Profit and EPS Reach Five Quarter Highs

The microcap company, Vishal Bearings, has recently declared its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for Vishal Bearings is currently a ‘Strong Sell’.

According to the financial report, Vishal Bearings has seen a negative performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the score from -21 to -6 in the last three months.

Despite the negative performance, there are some positive aspects to note from the financials. The company’s operating profit (PBDIT) for the quarter is the highest in the last five quarters at Rs 3.28 crore. The operating profit margin is also at its highest in the last five quarters at 14.85%, indicating an improvement in the company’s efficiency.

The profit before tax less other income (PBT) for the quarter is also the highest in the last five quarters at Rs 0.66 crore. The profit after tax (PAT) is also at its highest in the last five quarters at Rs 0.90 crore. This shows a positive trend in the near term for both PBT and PAT.

The earnings per share (EPS) for the quarter is also at its highest in the last five quarters at Rs 0.83. This indicates an increase in profitability and the company’s ability to generate higher earnings for its shareholders.

However, there are also some negative aspects to note from the financials. The net sales for the quarter have fallen by -23.27% year on year (YoY) at Rs 22.09 crore. The near term sales trend is also very negative.

Overall, the financial results for the quarter ending September 2024 for Vishal Bearings show a mix of positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.