Gujarat Cotex Reports Positive Financial Results, Receives 'Hold' Call from MarketsMOJO

Gujarat Cotex, 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, a leading financial analysis platform.

According to the financial report, Gujarat Cotex has shown a positive performance in the second quarter of the fiscal year 2024-2025. In the last three months, the company's score has improved from 11 to 7, indicating a positive trend.

One of the key factors contributing to this growth is the company's net sales, which have increased by 39.32% year on year, reaching Rs 12.33 crore in the first half of the fiscal year. This shows a positive trend in the company's sales performance in the near term.

Moreover, Gujarat Cotex has also seen a significant increase in its Profit After Tax (PAT) in the first half of the fiscal year. The company's PAT for this period stands at Rs 0.34 crore, which is higher than the previous 12-month period ending in September 2024, where the PAT was Rs 0.13 crore. This indicates a strong financial performance by the company, as it has already surpassed its PAT for the entire previous year in just six months.

Overall, Gujarat Cotex has shown promising financial results in the second quarter of the fiscal year 2024-2025. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this microcap trading company for potential growth opportunities in the future.