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Akme Fintrade (India) Ltd
Akme Fintrade Faces Significant Volatility Amidst Bearish Market Trends
Akme Fintrade Reports Record Quarterly Sales and Profit Growth for December 2024
Akme Fintrade (India) has announced its financial results for the quarter ending December 2024, showcasing record net sales of Rs 28.07 crore and peak operating profit of Rs 20.79 crore. The profit before tax reached Rs 11.86 crore, while profit after tax was Rs 8.93 crore, all marking significant highs.
Akme Fintrade's Financial Performance Shows Positive Growth, But Some Concerns Remain.
Akme Fintrade's Q2 FY24-25 financial report shows positive growth in PAT, net sales, and operating profit. However, the company's net profit margin has slightly decreased and debt to equity ratio has increased, possibly indicating higher expenses and financial risk. MarketsMOJO has given a 'Sell' call for the stock, highlighting these concerns. Investors should conduct their own research before investing.
Akme Fintrade (India) Reports Strong Financial Results for Q1 FY25, Despite 'Sell' Call by MarketsMOJO.
Akme Fintrade (India) has declared its financial results for the quarter ending June 2024, with a 'Sell' call from MarketsMOJO. However, the company has shown positive growth in various financial aspects, including a 65.6% increase in Profit After Tax, highest Net Sales and Operating Profit in the last five quarters, and a significant increase in Earnings per Share.
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