Adroit Infotech Reports Positive Financial Results for Q2 2024, Receives 'Hold' Call from MarketsMOJO

Nov 07 2024 04:40 PM IST
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Adroit Infotech, a microcap company in the animation industry, has shown a positive trend in its financial results for the quarter ending September 2024. The company's PAT has increased by 228.84% and sales have grown by 35.49% compared to the same period last year, indicating a strong performance in the near term.
Adroit Infotech, a microcap company in the animation industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Adroit Info. has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 14 to 11 in the last three months.

One of the major highlights of the financial report is the significant growth in Profit After Tax (PAT) for the nine-month period, which has increased by 228.84% compared to the same period last year. This shows a very positive trend for the company's profitability.

In terms of sales, Adroit Info. has also shown a growth of 35.49% in the first half of the fiscal year compared to the same period last year. This indicates a positive trend in the company's sales performance in the near term.

Moreover, the company's PAT for the nine-month period is higher at Rs 2.77 crore compared to the preceding 12-month period ending in September 2024, which was at Rs -0.58 crore. This shows a significant improvement in the company's financials in a short period of time.

Overall, Adroit Infotech's financial results for the quarter ending September 2024 have been positive, with a strong growth in PAT and sales. With the 'Hold' call from MarketsMOJO, investors may want to keep an eye on the company's future performance.
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