5Paisa Capital's Q2 financials show positive growth and highest profits in 5 quarters

5Paisa Capital, a smallcap finance company, has recently declared its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with a score of 12 compared to -4 in the previous quarter.

According to the financials, the company's net sales for the quarter were Rs 102.24 crore, showing a growth of 20.92% year on year. The near-term sales trend is also positive. The operating profit (PBDIT) for the quarter was the highest in the last five quarters at Rs 37.31 crore, indicating a positive trend in the near term. The operating profit margin for the quarter was also the highest in the last five quarters at 36.49%, showcasing an improvement in the company's efficiency.

The profit before tax less other income (PBT) for the quarter was the highest in the last five quarters at Rs 26.85 crore, with a positive trend in the near term. The PBT has also shown a growth of 38.12% year on year, indicating a positive trend in the near term. The profit after tax (PAT) for the quarter was also the highest in the last five quarters at Rs 20.09 crore, with a positive trend in the near term. The PAT has also shown a growth of 38.2% year on year.

The earnings per share (EPS) for the quarter was the highest in the last five quarters at Rs 6.44, showcasing an increase in profitability and higher earnings for shareholders. Based on these financials, MarketsMOJO has given a 'Sell' call for 5Paisa Capital's stock.