Aadi Industries' Q1 Financial Results Show Promising Growth in PAT and PBDIT

Aug 13 2024 03:43 PM IST
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Aadi Industries, a microcap company in the plastic products industry, has announced its financial results for the quarter ending March 2024. Despite a flat performance with a score of 3 out of 10, the company has shown improvement in Half Yearly PAT and Quarterly PBDIT, indicating a positive trend for the near future.
Aadi Industries, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending March 2024. The results, declared on August 13, 2024, have received a 'Sell' call from MarketsMOJO.

The company's financial performance for the quarter has remained flat, with a score of 3 out of 10, compared to 6 in the previous quarter. However, there are some positive aspects to note from the Jun 2024 financials.

One of the highlights is the company's Half Yearly Profit After Tax (PAT), which has increased to Rs 0.05 crore from the preceding 12-month period ended Jun 2024 of Rs -0.20 crore. This means that in just six months, Aadi Industries has already surpassed its PAT for the entire previous year.

Additionally, the company's Quarterly Operating Profit (PBDIT) has also shown improvement, reaching its highest point in the last five quarters at Rs -0.04 crore. This indicates a positive trend in the near term for Aadi Industries.

Overall, while the financial performance for the quarter may not have been as strong, Aadi Industries has shown some promising results in terms of PAT and PBDIT. Investors may want to keep an eye on the company's future financial reports to see if this positive trend continues.
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