Arfin India's Q2 FY25 financials show mixed results, with some positive and negative trends

Oct 23 2024 05:46 PM IST
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Arfin India, a microcap company in the miscellaneous industry, has reported its financial results for the quarter ending September 2024. The company's operating profit and net sales have shown positive growth, while the interest cost and operating cash flow have raised concerns. Investors should carefully evaluate these factors before making any investment decisions.

Arfin India, a microcap company in the miscellaneous industry, has recently declared its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for Arfin India is ‘Strong Sell’.

According to the financials, Arfin India has seen a flat performance in the quarter, with a score of 0 compared to 9 in the previous quarter. However, there are some positive aspects to the company’s financials. The operating profit (PBDIT) for the quarter is the highest in the last five quarters at Rs 9.68 crore and has grown consistently each quarter. The profit after tax (PAT) for the half-yearly period has also shown a growth of 37.68% year on year, indicating a positive trend in the near term. The net sales for the quarter are also the highest in the last five quarters, with a positive trend in the near term.


On the other hand, there are some areas of concern for Arfin India. The interest cost for the quarter has increased by 25.23% quarter on quarter, indicating increased borrowings. The company’s operating cash flow for the year is at its lowest in the last three years, showing a decline in cash revenues from business operations. The interest cost for the quarter is also the highest in the last five quarters, with a 25.23% increase quarter on quarter.


Overall, Arfin India’s financial performance for the quarter ending September 2024 has been flat, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.


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