Orient Press's Q2 Financial Report Shows Negative Trends and Increased Interest Costs

This can have a negative impact on the company's financial health.
Orient Press, a microcap company in the packaging industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Orient Press has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the company's score, which has gone from -9 to -4 in the last three months.

The company's net sales for the quarter were at Rs 36.75 crore, which is a decrease of 11.3% compared to the average net sales of the previous four quarters, which stood at Rs 41.45 crore. This indicates a negative trend in the company's sales in the near term. Additionally, the net sales for this quarter are the lowest in the last five quarters, further highlighting the negative trend.

Another concerning aspect of Orient Press's financials is the interest cost, which has increased by 16.47% (QoQ) and is at its highest in the last five quarters at Rs 1.98 crore. This suggests that the company has taken on more borrowings, which can have a negative impact on its financial health.

Overall, Orient Press's financial performance for the quarter ending September 2024 has not been very positive. Investors should take note of the 'Sell' call given by MarketsMOJO and carefully consider the company's financials before making any investment decisions.