Dhruv Consultancy Services reports strong financial performance in Q1 FY25

Dhruv Consultancy Services, a microcap company in the oil exploration/refineries industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from -2 to 7 in the last 3 months.

One of the key factors contributing to this positive performance is the growth in Profit After Tax (PAT). The company’s PAT for the nine-month period has increased by 42.70% year on year, reaching Rs 4.01 crore. This is a significant improvement and indicates a strong financial position for the company. The near-term trend for PAT is also very positive.

Another positive aspect of Dhruv Consultancy Services’ financials is the growth in Net Sales. The company’s half-yearly net sales have increased by 37.26% year on year, reaching Rs 44.39 crore. This growth in sales is a good sign for the company and shows its ability to generate revenue. The near-term trend for sales is also positive.

Based on these financial results, MarketsMOJO has given a ‘Hold’ call for Dhruv Consultancy Services’ stock. This means that the company’s stock is expected to perform steadily in the near future. Investors can consider holding onto their shares in the company.

Overall, Dhruv Consultancy Services has shown a positive financial performance in the quarter ending June 2024. The company’s growth in PAT and net sales is a good indication of its financial strength and potential for future growth. With a ‘Hold’ call from MarketsMOJO, investors can have confidence in the company’s stock.