Calcom Vision's Q1 FY25 financial report shows flat performance, but net sales reach 5-quarter high
Calcom Vision, a microcap company in the consumer electronics industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.
According to the financial report, Calcom Vision’s performance for the quarter has remained flat compared to the previous quarter. However, there has been a slight improvement in the company’s overall score, which has increased from -6 to -1 in the last three months.
One of the positive aspects of Calcom Vision’s financials is its net sales for the quarter, which have been the highest in the last five quarters at Rs 47.07 crore. This indicates a positive trend in the company’s sales in the near term.
On the other hand, the company’s interest expenses have increased by 31.51% over the preceding nine months period, reaching Rs 3.84 crore. This rise in interest cost suggests that the company has taken on more borrowings.
Overall, Calcom Vision’s financial results for the quarter ending June 2024 show a mixed performance. Investors should carefully consider all factors before making any investment decisions.
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