Industrial & Prudential Investment Company Reports Strong Financial Results for Q2 2024.
Industrial & Prudential Investment Company has reported positive financial results for the quarter ending September 2024, with a significant increase in net sales, operating profit, and profit before and after tax. The company's operating cash flow has also shown consistent growth, indicating its ability to generate higher revenues.
Industrial & Prudential Investment Company, a smallcap finance 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.According to the financials, the company has shown a positive performance in the second quarter of the fiscal year 2024-25. In the last three months, the company's score has improved from -2 to 13.
One of the key factors contributing to this positive performance is the company's operating cash flow, which has been consistently growing over the past three years and is currently at its highest at Rs 13.79 crore annually. This indicates that the company has been able to generate higher cash revenues from its business operations.
The net sales for the first half of the year have also shown a significant growth of 34.20% year on year, reaching Rs 5.14 crore. The near-term sales trend for the company is also positive.
In terms of operating profit, the company has achieved its highest in the last five quarters at Rs 3.62 crore. The near-term trend for operating profit is also positive.
The company's profit before tax (PBT) has also shown a positive growth of 22.18% year on year, reaching its highest at Rs 18.29 crore in the last five quarters. The near-term trend for PBT is also positive.
Similarly, the profit after tax (PAT) has also shown a positive trend, reaching its highest at Rs 18.22 crore in the last five quarters. The company's earnings per share (EPS) have also increased, reaching its highest at Rs 108.45 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders.
Moreover, the company has a high dividend payout ratio of 30.49% in the last five years, indicating that it is distributing a higher proportion of its profits as dividends to its shareholders.
Overall, the financial results for the quarter ending September 2024 show a positive performance for Industrial & Prudential Investment Company. With its consistent growth and positive trends, the company is expected to continue its success in the future.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
