Shalibhadra Finance Reports Strong Financial Results for Q1 FY25, Positive Trend Continues.

Aug 14 2024 11:52 PM IST
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Shalibhadra Finance, a microcap finance company, has reported positive financial results for the quarter ending June 2024. The company's PBT and PAT have reached their highest levels in the last five quarters, indicating a positive trend in the near term. Net sales and PBT have also shown significant growth, while EPS has increased. MarketsMojo has given a 'Hold' call for the company's stock.

Shalibhadra Finance, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company has shown positive performance in this quarter, with its score improving from 17 to 13 in the last three months.

One of the key highlights of the financials is the Profit Before Tax less Other Income (PBT) which has reached its highest at Rs 4.52 crore and has shown growth in each of the last five quarters. This indicates a very positive trend in the near term for the company.


Similarly, the Profit After Tax (PAT) has also shown growth in each of the last five quarters and has reached its highest at Rs 3.40 crore in this quarter. This further strengthens the positive trend in the near term for Shalibhadra Finance.


The company’s Net Sales for this quarter stands at Rs 8.96 crore, showing a growth of 22.07% Year on Year (YoY). This indicates a positive trend in the near term for the company’s sales.


Moreover, the PBT has also shown a growth of 35.74% YoY, reaching Rs 4.52 crore in this quarter. This further supports the positive trend in the near term for Shalibhadra Finance.


In terms of profitability, the company has shown an increase in its Earnings per Share (EPS) which stands at its highest of Rs 4.86 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.


Based on these financials, MarketsMOJO has given a ‘Hold’ call for Shalibhadra Finance’s stock. With its positive performance in this quarter and a promising near term trend, the company is on the right track towards growth and success in the finance industry.


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