Comfort Fincap Reports Positive Financial Results for Q1 FY25

Aug 03 2024 10:03 AM IST
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Comfort Fincap, a microcap finance company, has reported a flat financial performance in the current quarter, despite a 'Sell' call by MarketsMojo. However, the company's score has improved significantly and its operating profit, profit before tax, and profit after tax were the highest in the last five quarters. This indicates a positive trend for the company in the near term.

Comfort Fincap, a microcap finance company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite the negative outlook in the previous quarter, Comfort Fincap has shown a flat financial performance in the current quarter. However, there has been a significant improvement in the company’s score, which has increased from -3 to 3 in the last three months.


The company’s operating profit (PBDIT) for the quarter was the highest in the last five quarters, standing at Rs 3.30 crore. This indicates a positive trend in the near term for Comfort Fincap. Similarly, the profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs 2.63 crore. The company’s profit after tax (PAT) for the quarter was also the highest in the last five quarters, at Rs 1.92 crore. This shows a positive trend in the near term for Comfort Fincap.


Moreover, the company’s earnings per share (EPS) for the quarter was the highest in the last five quarters, at Rs 0.35. This indicates an increasing profitability for the company, creating higher earnings for its shareholders.


Overall, Comfort Fincap has shown a positive trend in its financial performance for the quarter ending June 2024. Investors should keep an eye on the company’s future performance to make informed decisions.


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