Eyantra Ventures Reports Impressive Q2 Results, MarketsMOJO Recommends Hold

Nov 13 2024 05:02 PM IST
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Eyantra Ventures, a microcap trading company, has reported a significant growth in its financial results for the quarter ending September 2024. The company's Profit After Tax (PAT) has increased by 945.45% year on year, while its Net Sales have also shown a growth of 65.5%. This positive trend is expected to continue in the near term.
Eyantra Ventures, a microcap trading company, 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, Eyantra Ventures has shown a very positive performance in the second quarter of the fiscal year 2024-2025. This score has remained consistent over the past three months.

The company's Profit After Tax (PAT) for the half-yearly period has seen a significant growth of 945.45% year on year, reaching Rs 1.15 crore. This trend in PAT is highly positive. Additionally, the company's Net Sales for the quarter have also shown a growth of 65.5% compared to the average Net Sales of the previous four quarters, reaching Rs 7.64 crore. The near-term sales trend is also very positive.

Moreover, the company's PAT for the half-yearly period is higher at Rs 1.15 crore compared to the preceding 12-month period ending September 2024, which was Rs 0.75 crore. This indicates that in just six months, the company has already surpassed its PAT for the entire previous year. Similarly, the Net Sales for the quarter have reached its highest at Rs 7.64 crore in the last five quarters, showing a positive trend in the near term.

Overall, Eyantra Ventures has shown a strong financial performance in the recent quarter, with a positive trend in both PAT and Net Sales. Investors are advised to hold their stocks in the company, as suggested by MarketsMOJO.
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