Vishwaraj Sugar Industries Reports Negative Performance in Q1 FY25 Financial Results

Vishwaraj Sugar Industries, a microcap company in the sugar industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Strong Sell’ rating by MarketsMOJO.

According to the financial report, Vishwaraj Sugar has seen a negative performance in the quarter, with a score of -16 compared to 11 in the previous quarter. However, there are some positive aspects to the company’s financials. The Debtors Turnover Ratio for the half-yearly period is at its highest in the last five periods, indicating that the company has been able to settle its debtors faster.

On the other hand, there are some concerning factors in the financial report. The net sales for the quarter have fallen by 26.3% compared to the average of the previous four quarters. This indicates a negative trend in sales in the near term. The Profit Before Tax (PBT) has also seen a significant decline of 461.1% compared to the average of the previous four quarters. The same trend is seen in the Profit After Tax (PAT), which has fallen by 629.2% compared to the average of the previous four quarters.

The company’s ability to manage interest payments has also deteriorated, with the Operating Profit to Interest ratio at its lowest in the last five quarters. The interest cost has also increased, indicating higher borrowings. The net sales and operating profit for the quarter are also at their lowest in the last five quarters, and the operating profit margin has also declined.

The company’s profitability has also taken a hit, with the lowest Earnings per Share (EPS) in the last five quarters. This shows a decline in earnings for shareholders.

Overall, the financial report for Vishwaraj Sugar Industries shows a negative trend in the company’s performance. Investors should carefully consider these factors before making any investment decisions.