Profits of these 6 companies show consistent downtrend for last 3 fiscal years; do you own any?

The expansion potential of a business is significantly influenced by its profit growth. However, a few companies are currently experiencing a steady decrease in their profit numbers over consecutive fiscal years. Among the entities listed in the BSE 500, ETMarkets has identified ten companies that have experienced a reduction in annual profits over the past three financial years. After applying a criterion of excluding stocks that have reported losses in any of the preceding three fiscal years, the list was narrowed down to six qualifying stocks.

Interestingly, of these six stocks, three have demonstrated a noteworthy surge in share prices during FY24, with gains ranging between 45-70%, while the remaining three have exhibited relatively stagnant performance. Upon conducting a SWOT analysis, it becomes evident that three stocks display more weaknesses than strengths, one demonstrates an equilibrium between strengths and weaknesses, and two showcase a higher count of strengths, according to Trendlyne data.