Winsome Breweries Reports Growth in Profits for Q1 FY25 Despite 'Sell' Call from MarketsMOJO

Winsome Breweries, a microcap company in the breweries industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 14, 2024, have received a ‘Sell’ call from MarketsMOJO.

Despite a flat financial performance in the quarter, with a score of 3 compared to 6 in the previous 3 months, Winsome Breweries has shown some positive aspects in its financials for the first half of the year. The company’s Profit After Tax (PAT) for the half-yearly period is higher at Rs 0.66 crore, compared to the preceding 12-month period ending in June 2024, which was at Rs 0.61 crore. This indicates a growth in profits for the company in the first half of the year, surpassing its profits for the entire previous year.

Winsome Breweries, being a microcap company, has shown resilience in its financial performance despite the challenging market conditions. The company’s focus on improving its profitability and increasing its PAT is a positive sign for its investors. However, MarketsMOJO has given a ‘Sell’ call for the company’s stock, which may be a cause for concern for potential investors. It is important for investors to carefully analyze the company’s financials and market conditions before making any investment decisions.