Fineotex Chemical's Q1 Financial Results Show Positive Growth and Highest Sales in 5 Quarters
Fineotex Chemical, a smallcap company in the chemicals industry, reported its financial results for the quarter ending March 2024. The company's Half Yearly Profit After Tax (PAT) has shown a growth of 30.87% YoY and its net sales have reached a five-quarter high at Rs 153.02 crore. MarketsMojo has given a 'Hold' call for the company's stock.
Fineotex Chemical, a smallcap company in the chemicals industry, recently announced its financial results for the quarter ending March 2024. The results, declared on May 28, have received a 'Hold' call from MarketsMOJO.The company's financial performance for the quarter has remained flat, with a score of 5 compared to 17 in the previous quarter. However, there are some positive aspects to note from the Mar 2024 financials.
One of the highlights is the Half Yearly Profit After Tax (PAT) which has shown a growth of 30.87% year on year (YoY) and is currently at Rs 62.78 crore. The near-term trend for PAT is also positive.
In terms of net sales, Fineotex Chem has recorded its highest quarterly sales in the last five quarters at Rs 153.02 crore. The near-term trend for sales is also positive.
Overall, while the company's financial performance for the quarter may have been flat, there are some positive indicators to note. Investors may want to consider the 'Hold' call by MarketsMOJO and keep an eye on the company's future financial results.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
