Chartered Capital & Investment Reports Strong Financial Performance in Q2 FY24-25

Chartered Capital & Investment, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' rating by MarketsMOJO.

According to the financial report, Chartered Capital has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 9 to 12 in the last three months.

One of the key factors contributing to this positive performance is the growth in net sales. In the nine-month period, the company's net sales have increased by 124.82% year on year, reaching Rs 6.34 crore. This trend is expected to continue as the company's sales have been consistently positive.

Another significant aspect of the financial report is the growth in profit after tax (PAT). In the same nine-month period, the company's PAT has increased by 149.72% year on year, reaching Rs 4.47 crore. This is a strong indicator of the company's financial stability and growth potential.

Furthermore, Chartered Capital has also shown a positive trend in operating profit (PBDIT) and profit before tax (PBT). In the last five quarters, the company's operating profit has been the highest at Rs 1.89 crore, and the same goes for PBT. This indicates a positive outlook for the company in the near term.

In addition, the company's net sales and PAT for the nine-month period have already surpassed the sales of the previous twelve months, showing a strong growth trajectory.

Overall, Chartered Capital & Investment has shown a promising financial performance in the second quarter of FY24-25. With a 'Hold' rating from MarketsMOJO, the company is expected to continue its positive trend in the near future.