Excel Industries Reports Impressive Financial Results for Q2 FY25

Nov 16 2024 05:21 PM IST
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Excel Industries, a leading player in the pesticides and agrochemicals industry, has reported impressive financial results for the quarter ending September 2024. The company has shown significant improvement in key financial indicators, including a 641.7% increase in PBT and a 238.5% increase in PAT. This indicates a positive trend and potential for growth in the near term.

Excel Industries, a leading player in the pesticides and agrochemicals industry, has recently announced its financial results for the quarter ending September 2024. The company has shown an outstanding performance in this quarter, with a significant improvement in its financial score from 20 to 32 in just three months.

One of the key highlights of the financial results is the impressive growth in Profit Before Tax (PBT) less Other Income, which has increased by 641.7% to Rs 39.09 crore compared to the average PBT of the previous four quarters at Rs 5.27 crore. This shows a very positive trend in the near term for the company’s PBT.


Similarly, the Profit After Tax (PAT) has also seen a remarkable growth of 238.5% to Rs 35.68 crore compared to the average PAT of the previous four quarters at Rs 10.54 crore. This is the highest PAT recorded in the last five quarters and has shown a positive trend in each quarter. This indicates a strong financial performance by Excel Industries.


The company’s net sales have also seen a positive trend, with the highest recorded at Rs 268.91 crore in the last five quarters. This is a growth of 22.7% compared to the average net sales of the previous four quarters at Rs 219.19 crore. This shows a positive trend in the near term for the company’s sales.


Excel Industries has also shown an improvement in its operating profit (PBDIT) with the highest recorded at Rs 48.97 crore in the last five quarters. The operating profit margin has also increased to 18.21%, which is the highest in the last five quarters. This indicates an improvement in the company’s efficiency.


With the highest PBT of Rs 39.09 crore in the last five quarters and the highest EPS of Rs 28.36, Excel Industries has shown an increasing profitability and has created higher earnings for its shareholders. Based on these impressive financial results, MarketsMOJO has given a ‘Strong Buy’ call for Excel Industries’ stock.


In conclusion, Excel Industries has shown a strong financial performance in the quarter ending September 2024, with positive trends in key financial indicators. This showcases the company’s potential for growth and success in the pesticides and agrochemicals industry.


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