Dharmaj Crop Guard Reports Strong Financial Performance in Q2 FY25

Dharmaj Crop Guard, a microcap company in the pesticides and agrochemicals industry, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Dharmaj Crop has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company’s score has improved from 12 to 17 in the last three months.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax (PBT) less Other Income. The PBT for the quarter was Rs 26.90 crore, which is a 98.2% increase compared to the average PBT of the previous four quarters, which was Rs 13.57 crore. This indicates a very positive trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) for the quarter was Rs 21.03 crore, a 98.2% increase from the average PAT of the previous four quarters, which was Rs 10.61 crore. The Net Sales for the quarter also saw a significant growth of 66.6% compared to the average Net Sales of the previous four quarters. The company’s Net Sales for the quarter was Rs 311.33 crore, indicating a very positive trend in the near term.

In fact, this quarter’s Net Sales of Rs 311.33 crore is the highest in the last five quarters, further highlighting the positive trend in the company’s sales performance. The Operating Profit (PBDIT) for the quarter was also the highest in the last five quarters at Rs 34.49 crore, indicating a positive trend in the near term.

Overall, Dharmaj Crop Guard has shown a strong financial performance in the second quarter of the fiscal year 2024-2025. With a ‘Hold’ call from MarketsMOJO, investors may want to keep an eye on this microcap company in the pesticides and agrochemicals industry.