Golechha Global Finance Reports Strong Sales Growth in Q2, PAT Increases by 161.69% YoY

Net Sales - Half Yearly: At Rs 16.52 cr has Grown at 49.50 % Year on Year (YoY).However, the sales growth has slowed down compared to the previous quarter.

Golechha Global Finance, a microcap finance company, recently announced its financial results for the quarter ended September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Golechha Global Finance has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 21 to 10 in the last three months.

One of the key highlights of the financial report is the significant growth in Profit After Tax (PAT) for the nine-month period, which has increased by 161.69% compared to the same period last year. This indicates a strong and positive trend in the company's profitability.

Another positive aspect is the growth in net sales for the first half of the fiscal year, which has increased by 49.50% compared to the previous year. This shows a strong sales trend in the near term for Golechha Global Finance.

However, the company's operating cash flow has been the lowest in the last three years, indicating a decline in cash revenues from business operations. Additionally, while the net sales have shown growth, the rate of growth has slowed down compared to the previous quarter.

Overall, Golechha Global Finance has shown a positive financial performance in the quarter ended September 2024. Investors are advised to hold their stock, as per the recommendation by MarketsMOJO.