Inani Securities Reports Positive Financial Results for Q2 FY24-25, Shows Strong Growth in Key Areas

Inani Securities, a microcap finance and non-banking financial company (NBFC), has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Inani Securities has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 12 to 7 in the last three months.

One of the key highlights of the financials is the significant growth in Profit After Tax (PAT) for the nine-month period, which has increased by 1,518.42% year on year. This shows a very positive trend for the company's PAT.

In terms of operating profit, Inani Securities has recorded its highest quarterly figure of Rs 0.15 crore in the last five quarters. This indicates a positive trend in the near term for the company's operating profit.

Similarly, the company's Profit Before Tax less Other Income (PBT) has also shown a positive trend, with the highest quarterly figure of Rs 0.01 crore in the last five quarters.

Moreover, the company's PAT for the nine-month period is higher at Rs 1.42 crore compared to the previous 12-month period ending in September 2024, which was at Rs -0.07 crore. This shows a significant increase in sales for the company in the nine-month period.

Overall, Inani Securities has shown strong financial performance in the second quarter of FY24-25, with positive trends in key areas such as PAT, operating profit, and PBT. This reflects the company's potential for growth and stability in the finance and NBFC industry.