Grandma Trading Reports Mixed Performance in Q3 2024 Financial Results
Grandma Trading & Agencies, a microcap trading company, has announced its financial results for the quarter ending September 2024. While the company's operating profit and PBT have shown positive trends, the EPS has declined. MarketsMojo has given a 'Strong Sell' call for the company's stock. Investors should carefully evaluate all factors before investing.
Grandma Trading & Agencies, a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.
According to the financial report, Grandma Trading's performance for the quarter has remained flat compared to the previous quarter. However, there has been a slight improvement in the company's score, which has increased from -3 to 1 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 0.00 crore. This shows a positive trend in the near term for Grandma Trading's operating profit.
Similarly, the profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs 0.00 crore. This indicates a positive trend in the near term for the company's PBT.
However, the company's earnings per share (EPS) for the quarter were the lowest in the last five quarters, at Rs -0.08. This shows a decline in profitability and lower earnings for shareholders.
Overall, Grandma Trading's financial results for the quarter ending September 2024 show a mixed performance. Investors are advised to carefully consider all factors before making any investment decisions.
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