Ausom Enterprise Reports Positive Financial Results for Q2 FY25, Receives 'Hold' Rating from MarketsMOJO
Ausom Enterprise, a microcap trading company, 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, Ausom Enterprise has shown a positive performance in the quarter, with a score of 17, which is an improvement from the previous score of 36 in the last three months.
One of the key highlights of the financial report is the significant growth in net sales, which has increased by 1,226.93% year on year, reaching Rs 865.69 crore. This shows a very positive sales trend for the company.
Moreover, the company’s profit after tax (PAT) has also seen a growth of 53.21% year on year, reaching Rs 8.35 crore. This indicates a positive near-term trend for the company’s profits.
In addition, Ausom Enterprise has also announced a dividend per share (DPS) of Rs 1.00 annually, which is the highest in the last five years. This shows that the company is distributing higher dividends from its profits.
Overall, the financial results for the quarter ending September 2024 have been positive for Ausom Enterprise, with growth in net sales and profits. MarketsMOJO has given a ‘Hold’ call for the company’s stock, indicating a neutral stance.
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