Euro Leder Fashion's Q1 Financial Results Show Flat Performance, Net Sales Decline

Aug 13 2024 11:25 AM IST
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Euro Leder Fashion, a microcap leather company, reported its financial results for the quarter ending March 2024 on August 12, 2024. Despite a slight improvement in its score, the company's net sales for the half-yearly period have declined by 49.09% year on year. MarketsMojo has given a 'Sell' call, but Euro Leder Fashion remains determined to improve its performance in the future.

Euro Leder Fashion, a microcap company in the leather industry, recently announced its financial results for the quarter ending March 2024. The results, declared on August 12, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Euro Leder Fashion has shown a flat performance in the quarter, with a slight improvement in its score from -9 to -5 in the last three months. However, the company's net sales for the half-yearly period have seen a decline of 49.09% year on year, standing at Rs 11.75 crore. This indicates a negative trend in the company's sales in the near term.

While Euro Leder Fashion has not received a positive response from MarketsMOJO, the company remains committed to improving its financial performance in the future. With a focus on the leather industry, Euro Leder Fashion continues to strive towards growth and success in the market.
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