N G Industries' Financial Results Show Decline in Profits, Low Debt to Equity Ratio Offers Stability for Investors

Revenue - Half Yearly: At Rs 12.14 cr has Grown at -2.69 % Year on Year (YoY).Revenue growth is not keeping up with the company's expenses, leading to a decrease in profits.
Debt to Equity Ratio: At 0.02, the company has a low debt to equity ratio, indicating a strong financial position and low risk for investors.

Despite these negative financial results, N G Industries remains a microcap company in the healthcare services industry. The company has recently declared its financial results for the quarter ending December 2023, with a score of -8, a decrease from the previous quarter's score of -7.

The company's profit after tax (PAT) for the half-yearly period has seen a significant decline of -83.02% year on year, with a near-term trend that is also negative. Additionally, the earnings per share (EPS) for the quarter are at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders.

The revenue for the half-yearly period has also shown a decrease of -2.69% year on year, which is not keeping up with the company's expenses and resulting in a decrease in profits. However, N G Industries has a low debt to equity ratio of 0.02, indicating a strong financial position and low risk for investors.

Based on these financial results, MarketsMOJO has given a stock call of 'Sell' for N G Industries. As a microcap company in the healthcare services industry, it is important for investors to carefully consider the company's financial performance before making any investment decisions.