Wallfort Financial Services Reports Strong Financial Performance in Q1 FY25

Wallfort Financial Services, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. According to the report released on August 13, 2024, the company has shown a very positive performance in terms of its financials.

The company’s net sales for the half-yearly period have grown by 87.49% year on year, reaching Rs 30.13 crore. This indicates a very positive sales trend for Wallfort Financial Services. Additionally, the company’s profit before tax less other income (PBT) for the quarter has grown by 140.6% over the average PBT of the previous four quarters, reaching Rs 21.85 crore. This shows a very positive trend in the near term for PBT.

Similarly, the company’s profit after tax (PAT) for the quarter has also shown a significant growth of 169.8% over the average PAT of the previous four quarters, reaching Rs 19.97 crore. This indicates a very positive trend in the near term for PAT. The company’s operating profit (PBDIT) for the quarter has also reached its highest at Rs 22.00 crore in the last five quarters, showing a positive trend in the near term.

Wallfort Financial Services has also shown a positive trend in terms of its earnings per share (EPS) for the quarter, reaching its highest at Rs 20.61 in the last five quarters. This indicates an increasing profitability for the company, creating higher earnings for its shareholders.

Moreover, the company’s cash and cash equivalents for the half-yearly period have also reached its highest at Rs 30.24 crore in the last six half-yearly periods, showing an improvement in short-term liquidity.

Overall, Wallfort Financial Services has shown a very positive financial performance in the quarter ending March 2024, with an improved score of 26 from 10 in the last 3 months. The company’s sales, PBT, PAT, operating profit, and EPS have all shown a positive trend, indicating a promising future for the microcap finance company.