Ausom Enterprise Reports Outstanding Financial Results for Q1 FY25

Ausom Enterprise, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company has shown an outstanding performance with a score of 36, an improvement from 34 in the last 3 months.

One of the key highlights of the financial report is the growth in Profit Before Tax less Other Income (PBT) which has increased by 97.33% year on year. This trend is expected to continue in the near term. The company has also achieved its highest Net Sales of Rs 865.52 crore in the last five quarters, with a positive sales trend in the near term.

Another positive aspect of Ausom Enterprise’s financials is the improvement in Operating Profit Margin, which has reached its highest at 0.53%. This indicates an increase in the company’s efficiency. The Profit After Tax (PAT) has also shown a growth of 54.8% year on year, with a positive trend in the near term.

In terms of profitability, Ausom Enterprise has created higher earnings for its shareholders with the highest Earnings per Share (EPS) of Rs 5.08 in the last five quarters.

However, the company’s pace of settling its Debtors has slowed, with the Debtors Turnover Ratio at its lowest in the last five half yearly periods. Additionally, the company’s Non Operating Income has increased, but it may not be sustainable in the long term.

Overall, Ausom Enterprise has shown a strong financial performance in the quarter ending June 2024, with positive trends in key areas. The stock call by MarketsMOJO for Ausom Enterprise is ‘Hold’, indicating a neutral stance for investors.