Artemis Electricals & Projects Reports Mixed Financial Results for Q2 FY25

Artemis Electricals & Projects, a microcap company in the electric equipment industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a “Strong Sell” rating by MarketsMOJO.

According to the financial report, Artemis Electri. has seen a negative performance in the quarter, with a score of -7. However, this is an improvement from the previous quarter’s score of -16.

One of the positive aspects of the company’s financials is its strong operating cash flow, which has been consistently growing over the past three years. In the last fiscal year, the company generated the highest operating cash flow of Rs 21.35 crore.

On the other hand, the company’s profit after tax (PAT) for the first nine months of the fiscal year has decreased by 84.49% compared to the same period last year. The near-term trend for PAT is also negative. Similarly, the net sales for the first half of the fiscal year have decreased by 34.22% compared to the previous year, with a negative near-term trend.

Despite these challenges, Artemis Electricals & Projects remains committed to its business operations and is continuously working towards improving its financial performance. Investors are advised to carefully consider the company’s financials before making any investment decisions.