Halder Venture Reports Strong Financial Performance in Q2 2024, Receives 'Hold' Call from MarketsMOJO

Halder Venture, a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Hold' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, Halder Venture has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has remained consistent over the past three months, indicating stability and growth.

One of the key highlights of the financial results is the significant growth in Profit After Tax (PAT) for the half-yearly period, which stands at Rs 8.48 crore, showing a remarkable increase of 183.71% compared to the same period last year. This positive trend in PAT is a strong indicator of the company's financial health.

Another noteworthy aspect is the growth in Profit Before Tax less Other Income (PBT) for the quarter, which stands at Rs 5.22 crore, showing a 59.0% increase over the average PBT of the previous four quarters. This indicates a positive trend in the near term for the company.

The company's net sales have also shown a growth of 32.54% year on year, reaching Rs 341.08 crore for the half-yearly period. This positive trend in sales is a good sign for the company's future growth.

However, one area of concern for Halder Venture is the rising interest cost, which has increased by 37.76% over the preceding nine months period. This signifies increased borrowings by the company, which may impact its financials in the long run.

Overall, Halder Venture has shown a positive financial performance in the quarter ending September 2024, with strong growth in key areas. Investors are advised to hold their stocks in the company, as suggested by MarketsMOJO.