Hardwyn India's Q2 Financial Results Show Positive Growth Potential

Hardwyn India, a smallcap company in the aluminium and aluminium products industry, 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 financials, Hardwyn India has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from -4 to 14 in the last three months.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 53.7% to Rs 5.61 crore compared to the average PBT of the previous four quarters which was Rs 3.65 crore. The near term trend for PBT is also very positive.

Similarly, the Profit After Tax (PAT) has also shown a growth of 54.5% to Rs 4.04 crore compared to the average PAT of the previous four quarters which was Rs 2.62 crore. The near term trend for PAT is also very positive.

In terms of net sales, Hardwyn India has recorded its highest sales in the last five quarters at Rs 51.65 crore. This is a growth of 31.7% compared to the average net sales of the previous four quarters which was Rs 39.23 crore. The near term trend for net sales is also positive.

Overall, the financial results for the quarter ending September 2024 show a positive trend for Hardwyn India. The company's performance has improved in terms of PBT, PAT, and net sales, indicating a strong growth potential in the near future. Investors may want to consider holding onto their stocks in Hardwyn India for now.