Paragon Finance Reports Strong Financial Results for Q1 FY25, Highest PAT in 5 Quarters
Paragon Finance, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from 2 to 8 in the last three months according to MarketsMOJO.
One of the key highlights of the financial results is the Profit After Tax (PAT) for the quarter, which stands at Rs 1.01 crore. This is the highest PAT recorded by the company in the last five quarters, indicating a positive trend in the near term. Additionally, the company’s Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, at Rs 2.38. This shows that Paragon Finance has been able to increase its profitability and create higher earnings for its shareholders.
With these positive financial results, MarketsMOJO has given a ‘Hold’ call for Paragon Finance’s stock. This indicates that the company’s stock is expected to perform steadily in the near future. Overall, Paragon Finance’s financial performance in the quarter ending June 2024 has been promising, showcasing its potential for growth in the finance industry.
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