Celebrity Fashions Reports Negative Performance in Q2 FY25, Strong Operating Cash Flow Remains a Positive

Celebrity Fashions, a microcap company in the textile industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Celebrity Fashions has seen a negative performance in the second quarter of the fiscal year 2024-25. However, there has been a slight improvement in the company’s score, which has gone from -27 to -18 in the last three months.

One of the positive aspects of the company’s financials is its strong operating cash flow, which has been consistently growing over the past three years. In the last year, the company has generated the highest annual operating cash flow of Rs 29.08 crore.

On the other hand, the company’s net sales for the quarter have fallen by 44.3% compared to the average net sales of the previous four quarters. This is a concerning trend for the company’s near-term sales performance.

Similarly, the company’s profit before tax (PBT) has also seen a significant decline of 89.8% compared to the average PBT of the previous four quarters. The same trend is seen in the company’s profit after tax (PAT), which has fallen by 94.6% compared to the average PAT of the previous four quarters.

Overall, the recent financial results of Celebrity Fashions show a negative trend in its sales and profits. Investors should carefully consider these factors before making any investment decisions.