CCL International Reports Positive Financial Results for Q1 FY25, Receives 'Hold' Call from MarketsMOJO
CCL International, a microcap trading company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO, a leading financial analysis platform.
According to the financial report, CCL International has shown a positive performance in the quarter, with a score of 15 compared to 25 in the previous quarter. This indicates a growth in the company’s financials.
One of the key factors contributing to this growth is the net sales, which have increased by 60.54% year on year, reaching Rs 23.15 crore in the first half of the year. This shows a strong sales trend for the company in the near term.
Moreover, the company’s Profit After Tax (PAT) for the first half of the year is higher at Rs 1.10 crore compared to the previous 12 months’ PAT of Rs 1.04 crore. This indicates a significant improvement in the company’s profitability.
CCL International’s financial performance in the quarter ending March 2024 showcases its potential for growth and success in the trading industry. With a ‘Hold’ call from MarketsMOJO, investors can have a neutral stance on the company’s stock and monitor its progress in the future.
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