Balkrishna Paper Mills Reports Mixed Financial Results for Q2 FY24-25

Balkrishna Paper Mills, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Balkrishna Paper's performance for Q2 FY24-25 has been flat, with a score of 1 out of 5 in the last 3 months. However, there are some positive aspects to the company's financials. The operating profit (PBDIT) for the quarter was the highest at Rs -0.27 crore and has grown each quarter in the last five quarters. This indicates a positive trend in the near term for the company's operating profit.

Similarly, the profit before tax less other income (PBT) for the quarter was also the highest at Rs -0.53 crore and has grown each quarter in the last five quarters. This shows a very positive trend in the near term for the company's PBT.

However, the profit after tax (PAT) for the quarter was at Rs 1.30 crore, which is a significant decrease of -91.5% compared to the same quarter last year. This indicates a very negative trend in the near term for the company's PAT.

Overall, Balkrishna Paper Mills has had a mixed financial performance for the quarter, with some positive and negative aspects. Investors should carefully consider these factors before making any investment decisions.