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Purple Finance Ltd
Purple Finance Reports 118.58% Growth in Half-Yearly Sales for FY24-25
Purple Finance Reports Negative Performance in Q2 FY25 Financial Results
Purple Finance, a microcap finance company, has reported a negative performance in the quarter ending September 2024, with a decrease in both Profit Before Tax and Profit After Tax. This has resulted in a 'Strong Sell' rating from MarketsMOJO. The company's PBT and PAT were significantly lower compared to the previous four quarters, indicating a negative trend in its near-term financial performance. Investors are advised to conduct their own research before making any investment decisions.
Purple Finance Reports Decline in Profit After Tax, Remains Focused on Future Growth
Purple Finance, a microcap finance company, reported a significant decline in its Profit After Tax (PAT) for the quarter ending June 2024. This reflects a negative trend in its near-term financial performance, possibly due to challenges faced by the finance industry. However, the company remains optimistic and is taking steps to improve its profitability and maintain its position in the market.
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