Response Informatics Reports Negative Financial Results for Q1 FY25, Investors Urged to Monitor Performance

Aug 16 2024 09:48 AM IST
share
Share Via
Response Informatics, a microcap company in the agriculture industry, has reported a negative performance in the quarter ending March 2024. The company's financial health has declined, with a decrease in key metrics such as Profit After Tax, Net Sales, Operating Profit, and Earnings per Share. MarketsMojo has given a 'Sell' call for the company's stock.

Response Informatics, a microcap company in the agriculture industry, has recently announced its financial results for the quarter ending March 2024. According to the report released on August 14, 2024, the company has seen a negative performance in this quarter.

The company’s score has fallen from 0 to -8 in the last three months, indicating a decline in its overall financial health. This is a cause for concern for investors and stakeholders of Response Informatics.


The financials for the quarter ending March 2024 show a significant decrease in key metrics. The Profit After Tax (PAT) has fallen to -0.76 crore, a decrease of 206.7% compared to the average PAT of the previous four quarters. The Net Sales have also decreased by 13.0% to Rs 6.07 crore, compared to the average of the previous four quarters.


The company’s Operating Profit (PBDIT) for this quarter is at its lowest in the last five quarters, and the Profit Before Tax less Other Income (PBT) has also seen a significant decline. The Earnings per Share (EPS) have also decreased to its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders.


Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Response Informatics’ stock. The company’s near-term trend for key financial metrics is negative, and it is important for investors to closely monitor the company’s performance in the coming quarters.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News