Aartech Solonics Reports Strong Financial Performance in Q2 FY25
Aartech Solonics, a microcap company in the electric equipment industry, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.
Despite this, Aartech Solonics has shown a very positive performance in the quarter, with a score improvement from 10 to 20 in the last 3 months. This is a result of the company’s strong financials, as seen in the September 2024 financial report.
One of the key highlights of the financial report is the growth in net sales, which has increased by 42.39% year on year to reach Rs 26.00 crore. This is a very positive trend for the company, with the near term sales trend also showing a positive outlook.
The company’s operating profit (PBDIT) for the quarter is at its highest in the last five quarters, at Rs 1.01 crore. This indicates a positive trend in the near term for the company’s operating profit. Additionally, the operating profit margin has also improved, reaching its highest at 10.73% in the last five quarters, showcasing the company’s improved efficiency.
Aartech Solonics has also shown a positive trend in its profit before tax less other income (PBT), with the highest figure of Rs 0.68 crore in the last five quarters. The profit after tax (PAT) has also seen a positive trend, reaching its highest at Rs 1.51 crore in the last five quarters. This indicates that the company is creating higher earnings for its shareholders.
In the nine month period ending September 2024, the company’s net sales have already surpassed the sales of the previous twelve months, reaching Rs 26.00 crore compared to Rs 25.60 crore. This is a testament to the company’s strong performance and growth potential.
Overall, Aartech Solonics has shown a very positive financial performance in the quarter ending September 2024, with a strong growth in net sales, operating profit, and profitability. This showcases the company’s potential for future growth and success in the electric equipment industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
