PTC India Fin's Q2 financial report shows mixed performance, with 'Strong Sell' rating by MarketsMOJO

PTC India Financial Services, a smallcap finance company, recently announced its financial results for the quarter ending September 2024. According to the latest report, the company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

The financial performance of PTC India Fin for the second quarter of the fiscal year 2024-2025 has remained flat, with a score of -1. However, there has been an improvement from the previous quarter's score of -5.

One of the positive aspects of PTC India Fin's financials is its debt-equity ratio, which has been consistently decreasing over the last five half-yearly periods. In the latest report, the ratio stands at 1.27 times, indicating that the company has been reducing its borrowing in comparison to its equity capital.

On the other hand, the net sales for the quarter have seen a decline of 10.7% at Rs 163.40 crore, as compared to the average net sales of the previous four quarters, which stood at Rs 183.06 crore. This indicates a negative trend in the company's near-term sales.

Similarly, the profit after tax (PAT) for the nine-month period has also shown a decline of 20.57% year on year, at Rs 105.59 crore. The near-term trend for PAT is also negative.

Overall, PTC India Financial Services has shown a mixed performance in its latest financial report. Investors are advised to carefully analyze the company's financials before making any investment decisions.