Dhoot Industrial Finance Reports Mixed Performance in Q1 FY25 Despite Positive Sales Growth

Dhoot Industrial Finance, a microcap trading company, has recently declared its financial results for the quarter ending March 2024. According to the report, the company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite the negative stock call, Dhoot Industrial Finance has shown positive financial performance in the quarter ending June 2024. The company’s net sales for the half-yearly period have grown by 90.03% year on year, with a very positive sales trend. In fact, the company has already surpassed its sales from the previous twelve months in just half a year.

The profit after tax for the quarter has also seen a growth of 33.6% year on year, indicating a positive trend in the near term. However, the profit before tax less other income has fallen by 59.91% year on year, with a negative trend in the near term. This is also reflected in the fact that the company’s non-operating income is 114.74% of its profit before tax, which is not a sustainable business model.

Overall, Dhoot Industrial Finance has shown a mixed performance in the quarter ending June 2024, with some positive and negative trends. Investors should carefully consider these factors before making any decisions regarding the company’s stock.