IGC Industries Reports Positive Financial Results for Q2 FY25

IGC Industries, a microcap company in the aluminium and aluminium products industry, has recently announced its financial results for the quarter ending September 2024. The results have been declared on October 17, 2024.

According to the financial report, IGC Industries has shown a positive performance in the quarter, with a score of 7 out of 10, an improvement from the previous score of 4 in the last 3 months.

One of the key factors contributing to this positive performance is the company’s operating profit (PBDIT) for the quarter, which has been the highest in the last five quarters at Rs 0.28 crore. The near-term trend for operating profit is also positive.

Similarly, the profit before tax less other income (PBT) and profit after tax (PAT) for the quarter have also been the highest in the last five quarters at Rs 0.28 crore. The near-term trend for both PBT and PAT is positive.

Moreover, the earnings per share (EPS) for the quarter have also been the highest in the last five quarters at Rs 1.25. This indicates an increasing profitability for the company and a higher return for its shareholders.

Based on these financial results, MarketsMOJO has given a ‘Strong Sell’ call for IGC Industries’ stock. However, it is important to note that this is not a recommendation and should not be considered as such. This news article is purely based on the facts and figures provided by the company’s financial report.