Vishwaraj Sugar Industries Reports Negative Financial Results for Q1 FY25

Vishwaraj Sugar Industries, a microcap company in the sugar industry, recently announced its financial results for the quarter ending June 2024. The stock has been given a ‘Strong Sell’ call by MarketsMOJO.

The company’s financial performance for the quarter has been negative, with a score of -16 compared to 11 in the previous quarter. However, there are some positive aspects to the financials. The Debtors Turnover Ratio for the half-yearly period is the highest it has been in the last five periods, indicating that the company has been able to settle its debtors faster.

On the other hand, there are some concerning factors in the financials. The net sales for the quarter have fallen by 26.3% compared to the average of the previous four quarters. This indicates a negative trend in sales in the near term. The Profit Before Tax less Other Income (PBT) has also seen a significant decline of 461.1% compared to the average of the previous four quarters. The same trend is seen in the Profit After Tax (PAT), which has fallen by 629.2%.

The company’s ability to manage interest payments has also deteriorated, with the Operating Profit to Interest ratio being the lowest in the last five quarters. The interest cost has also risen by 21.84% compared to the previous half-yearly period, indicating increased borrowings.

Overall, the company’s financial performance for the quarter has been negative, with the lowest net sales and operating profit in the last five quarters. The operating profit margin has also declined, indicating a decrease in efficiency. The Profit Before Tax less Other Income (PBT) and Earnings per Share (EPS) have also seen a significant decline.

It is important to note that this article is based on the company’s financial data and does not include any external data or sources. It is meant to provide a neutral and informative overview of Vishwaraj Sugar Industries’ financial performance for the quarter ending June 2024.