Saffron Industri's Financial Performance Declines in Half Yearly Report

Operating Profit - Half Yearly: At Rs 0.04 cr has Declined at -97.5 % Year on Year (YoY).Near term profit trend is very negative.Net Profit - Half Yearly: At Rs 0.01 cr has Declined at -98.5 % Year on Year (YoY).Near term profit trend is very negative.
EPS - Half Yearly: At Rs 0.00 has Declined at -98.5 % Year on Year (YoY).Near term profit trend is very negative.
ROCE: Return on Capital Employed (ROCE) is at 0.01 % for the quarter Jun 2024. It is a ratio that measures a company's profitability and the efficiency with which it utilizes its capital. A higher ROCE indicates a more efficient use of capital.
Debt to Equity Ratio: The company has a debt to equity ratio of 0.01 which is considered low and indicates a conservative financial structure.
Overall, Saffron Industri's financial performance for the quarter Jun 2024 has been flat with a decline in operating profit, net profit, and EPS. However, the company has shown a positive growth in net sales and has a low debt to equity ratio. MarketsMOJO has given a 'Sell' call for the stock, indicating caution for potential investors. It is important for investors to carefully analyze the company's financials and market trends before making any investment decisions.