Sparc Electrex Reports Flat Performance in Q2 FY25, Lowest Profits in Five Quarters

Nov 18 2024 09:53 AM IST
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Sparc Electrex, a microcap IT hardware company, reported a flat performance for the quarter ending September 2024 with a score of -2 compared to 0 in the previous quarter. The company's operating profit and profit before tax have also been the lowest in the last five quarters, indicating a negative trend in the near term. Investors should carefully evaluate these factors before making any investment decisions.

Sparc Electrex, a microcap IT hardware company, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Sparc Electrex’s performance for the quarter has been flat, with a score of -2 compared to 0 in the previous quarter. This decline in score can be attributed to various factors.


One of the major concerns for the company is its operating profit (PBDIT), which has been the lowest in the last five quarters at Rs 0.05 crore. This is a significant decrease from the previous quarter and indicates a negative trend in the near term.


Similarly, the company’s profit before tax (PBT) less other income has also been the lowest in the last five quarters at Rs 0.02 crore. This is another cause for concern as it shows a negative trend in the near term.


Overall, the financial results for the quarter ending September 2024 have not been favorable for Sparc Electrex. The company will need to address these issues and work towards improving its financial performance in the upcoming quarters. Investors should carefully consider these factors before making any investment decisions.


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