Tahmar Enterprises Receives 'Sell' Call from MarketsMOJO After Declaring Flat Q1 FY25 Results

Jul 16 2024 10:15 AM IST
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Tahmar Enterprises, a microcap company in the paper and paper products industry, reported its financial results for the quarter ending June 2024. The company's performance remained flat with a slight improvement in its score, but its profit before tax has significantly decreased by -1382.61% YoY. MarketsMojo has given a 'Sell' call for the company, citing negative trends in its operating profit and PBT.

Tahmar Enterprises, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending June 2024. The results, declared on July 15, have received a ‘Sell’ call from MarketsMOJO.

According to the financial report, Tahmar Enterp. has shown a flat performance in the quarter, with a slight improvement in its score from -6 to -5 in the last three months. However, the company’s profit before tax (PBT) less other income has fallen by a significant -1382.61% year on year (YoY), standing at Rs -2.95 crore. This trend is expected to continue in the near term.


The company’s operating profit (PBDIT) for the quarter is also at its lowest in the last five quarters, standing at Rs -2.72 crore. This indicates a negative trend in the near term. Similarly, the PBT less other income has also hit its lowest point in the last five quarters, standing at Rs -2.95 crore. This trend is also expected to continue in the near term.


Based on these financials, MarketsMOJO has given a ‘Sell’ call for Tahmar Enterprises. The company will need to address these issues and work towards improving its financial performance in the coming quarters.


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