White Organic Agro's Q1 Financial Results Show Negative Performance, Receives Strong Sell Call

White Organic Agro, a microcap trading company, recently announced its financial results for the quarter ending March 2024. The results, declared on May 21, 2024, have received a "Strong Sell" call from MarketsMOJO.

According to the financial report, White Organic has seen a negative performance in the quarter, with a score of -15 compared to -13 in the previous quarter. This indicates a decline in the company's overall financial health.

One of the major factors contributing to this decline is the net sales, which have fallen by 40.66% year on year, standing at Rs 8.07 crore. This is a significant decrease and the near-term sales trend is also negative.

Moreover, the company's profit after tax (PAT) for the half-yearly period has also shown a decline of 49.39% year on year, standing at Rs -0.83 crore. This indicates a negative trend in the near term for the company's profitability.

While the financial results may not be favorable for White Organic Agro, it is important to note that this article is based on facts and does not include any external data or sources. It is important for investors to carefully analyze the company's financial performance before making any investment decisions.