Bisil Plast Reports Lowest Net Profit in Five Quarters, Negative Trend Expected.
Bisil Plast, a microcap company in the plastic products industry, reported a flat performance for the quarter ending September 2024. Its operating profit, profit before tax, and net profit were the lowest in the last five quarters, indicating a negative trend in the near term. Investors are advised to conduct their own research before making any investment decisions.
Net Profit - Quarterly: Lowest at Rs -0.07 cr. in the last five quarters.Near term Net Profit trend is negative.Bisil Plast, a microcap company in the plastic products 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, Bisil Plast's performance for the quarter has remained flat, with a slight improvement in its score from -3 to -2 in the last three months. However, the company's operating profit (PBDIT) for the quarter was the lowest in the last five quarters, at Rs -0.07 crore. This indicates a negative trend in the near term for the company's operating profit.
Similarly, Bisil Plast's profit before tax less other income (PBT) and net profit for the quarter were also the lowest in the last five quarters, at Rs -0.07 crore. This suggests a negative trend in the near term for both PBT and net profit.
While Bisil Plast's financial performance for the quarter may not be promising, it is important to note that this is just one quarter's results and may not reflect the overall performance of the company. Investors are advised to do their own research and analysis before making any investment decisions.
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