Sampre Nutrition's Financial Report Shows Mixed Results, MarketsMOJO Gives 'Sell' Call

Sampre Nutrition, a microcap FMCG company, has recently announced its financial results for the quarter ended March 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Sampre Nutrition's performance for the quarter has been flat, with a score of -2 compared to -1 in the previous quarter. However, there are some positive aspects to the company's financials.

One of the highlights is the company's Profit After Tax (PAT) for the half-yearly period, which has increased to Rs 0.80 crore from the preceding 12-month period ended in June 2024, where it was at -0.79 crore. This shows a significant improvement in profitability for the company.

On the other hand, there are also some areas of concern for Sampre Nutrition. The company's Net Sales for the half-yearly period have decreased by -51.47% compared to the same period last year. This indicates a negative trend in sales in the near term. Similarly, the PAT for the half-yearly period has also decreased by -51.47% compared to the previous year, showing a negative trend in profitability.

Despite these challenges, Sampre Nutrition remains a microcap company in the FMCG industry and has potential for growth in the future. However, based on the current financial results, MarketsMOJO has given a 'Sell' call for the company's stock. Investors are advised to carefully consider these factors before making any investment decisions.