KMC Speciality Hospitals Reports Mixed Results for Q1 FY25

KMC Speciality Hospitals (India), a smallcap healthcare services company, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, KMC Speciality’s net sales for the quarter were at its highest in the last five quarters, reaching Rs 53.07 crore. This shows a positive trend in the company’s sales performance in the near term. Additionally, the company has been able to settle its debtors faster, with a debtors turnover ratio of 40.45 times in the last five half yearly periods.

However, the company’s profit after tax (PAT) for the quarter has fallen by 27.5% compared to the average PAT of the previous four quarters. This indicates a very negative trend in the company’s profitability in the near term. The profit before tax less other income (PBT) for the quarter was also at its lowest in the last five quarters, showing a negative trend in the near term. The earnings per share (EPS) for the quarter were also at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders.

Furthermore, KMC Speciality’s cash and cash equivalents for the half yearly period were at its lowest in the last six half yearly periods, showing a deterioration in short term liquidity.

Overall, KMC Speciality’s financial performance for the quarter ending June 2024 has been flat, with some positive and negative trends in different aspects of the company’s operations. Investors should carefully consider these factors before making any investment decisions.