Dhanlaxmi Cotex Reports Highest Profit in Five Quarters Amid Declining Sales Performance

Dhanlaxmi Cotex, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in terms of profitability, with the Profit After Tax (PAT) reaching Rs 3.38 crore, marking the highest figure in the last five quarters. Additionally, the Earnings per Share (EPS) also peaked at Rs 6.94 during the same period, reflecting an increase in profitability and enhanced earnings for shareholders.
However, the company faces challenges as well. The net sales for the half-yearly period stood at Rs 9.55 crore, showing a significant decline of 41.12% year on year. This trend suggests a concerning trajectory for sales performance. Furthermore, the non-operating income accounted for 107.85% of the Profit Before Tax (PBT), indicating a reliance on income from non-business activities, which may not support sustainable growth in the long term.

In light of these developments, Dhanlaxmi Cotex has experienced adjustments in its evaluation, with its score reflecting these changes.

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