Ingersoll-Rand (India) Reports Positive Q2 Results, Strong Operating Cash Flow and Dividend Growth

Ingersoll-Rand (India) has recently announced its financial results for the quarter ending September 2024. The company, which operates in the compressors and pumps industry, has shown positive performance in the second quarter of the fiscal year 2024-2025. This is reflected in the score of 7 out of 8, which has fallen from the previous quarter.

One of the key factors contributing to this positive performance is the company's strong operating cash flow. In the last three years, Ingersoll-Rand has consistently generated the highest annual operating cash flow of Rs 206.92 crore and has shown growth each year. This indicates that the company is generating higher revenues from its business operations.

In terms of profitability, Ingersoll-Rand has also shown a positive trend. The Profit Before Tax (PBT) for the quarter was Rs 74.72 crore, which has grown at a rate of 23.54% year on year. This indicates a positive near-term trend for PBT. Similarly, the Profit After Tax (PAT) for the quarter was Rs 60.35 crore, showing a growth of 21.4% year on year. This also reflects a positive near-term trend for PAT.

In addition, Ingersoll-Rand has been consistently distributing higher dividends to its shareholders. The Dividend per Share (DPS) for the last five years has been the highest at Rs 70.00. This shows that the company is sharing its profits with its shareholders.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Ingersoll-Rand's 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 informative and based on facts. Investors are advised to do their own research and analysis before making any investment decisions.