Inani Marbles & Industries Reports Mixed Results for Q2 2024, PAT Shows Significant Growth.

Oct 28 2024 04:54 PM IST
share
Share Via
Inani Marbles & Industries, a microcap company in the mining and minerals industry, reported a flat performance in the second quarter of fiscal year 2024-2025. While the company's PAT has shown a significant growth of 261.46%, its net sales have declined by -38.0% compared to the previous four quarters. This presents both positive and negative aspects for investors to consider.

Inani Marbles & Industries, a microcap company in the mining and minerals industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Inani Marbles has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 14 to 5 in the last three months. However, there are some positive aspects to the financials.

One of the highlights is the company's Profit After Tax (PAT) for the half-yearly period, which has grown by 261.46% year on year, reaching Rs 1.55 crore. This shows a very positive trend for the company's profitability.

On the other hand, the net sales for the quarter have fallen by -38.0% compared to the average net sales of the previous four quarters. This is a concerning trend for the company's sales performance in the near term. Additionally, the net sales for the quarter were the lowest in the last five quarters, indicating a negative trend in the company's sales.

Despite these challenges, Inani Marbles remains a key player in the mining and minerals industry. The company's financial results provide valuable insights for investors to make informed decisions about their investments.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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