Archit Organosys Reports Flat Performance in Q2 FY25, But PAT Shows Improvement
Archit Organosys, a microcap company in the chemicals industry, recently announced its financial results for the quarter ending September 2024. The company reported a flat performance for the quarter, with a score of -2 compared to -1 in the previous quarter.
Despite this, there are some positive aspects to the company’s financials. The Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs 1.02 crore. Additionally, the near-term trend for PAT is positive.
However, there are also some areas of concern for Archit Organosys. The company’s Operating Cash Flow for the year was the lowest in the last three years, at Rs 10.20 crore. This indicates a decline in the company’s cash revenues from business operations.
MarketsMOJO, a leading financial analysis platform, has given a ‘Strong Sell’ call for Archit Organosys’ stock. This is based on the company’s financial performance and market trends.
Overall, Archit Organosys’ financial results for the quarter ending September 2024 show a mixed performance. Investors should carefully consider all factors before making any investment decisions.
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