Dhabriya Polywood's Financial Results Show Growth in Profits, Despite 'Sell' Call by MarketsMOJO
Dhabriya Polywood, a microcap company in the plastic products industry, reported flat performance for the quarter ending September 2024. However, the company's Half Yearly Profit After Tax (PAT) has shown a growth of 31.99% year on year, reaching Rs 8.83 crore. The company has also seen growth in its Quarterly Profit Before Tax less Other Income (PBT). MarketsMojo has given a 'Sell' call for the company's stock. Investors should conduct their own research before making any decisions.
Dhabriya Polywood, 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 'Sell' call by MarketsMOJO.According to the financial report, Dhabriya Polywood's performance for the quarter has remained flat, with a score of 4 out of 17 in the last 3 months. However, there are some positive aspects to the company's financials based on the September 2024 results.
One of the highlights is the company's Half Yearly Profit After Tax (PAT) which has shown a growth of 31.99% year on year, reaching Rs 8.83 crore. The near-term trend for PAT is also positive. Additionally, the Quarterly Profit Before Tax less Other Income (PBT) has grown by 22.39% year on year, reaching Rs 5.74 crore. The near-term trend for PBT is also positive.
Despite the flat performance for the quarter, Dhabriya Polywood has shown growth in its profits, which is a positive sign for the company. However, investors should take note of the 'Sell' call given by MarketsMOJO and make informed decisions based on their own research and analysis.
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