Integra Essentia Announces Q2 FY25 Financial Results: Net Sales Up, Profits Down

Integra Essentia, a microcap textile company, has 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, Integra Essentia’s performance for the quarter has been flat, with a score of -1 compared to 16 in the previous three months. However, there are some positive aspects to the company’s financials.

The net sales for the quarter have shown a significant growth of 95.96% year on year, reaching Rs 131.10 crore. This is the highest net sales in the last five quarters, indicating a positive trend in the company’s sales.

On the other hand, there are some areas of concern for Integra Essentia. The profit before tax less other income has fallen by -89.55% year on year, and the profit after tax has also seen a decline of -96.3%. The operating cash flow for the company has been at its lowest in the last three years, indicating a decrease in cash revenues from business operations. Additionally, the earnings per share for the quarter have also been at its lowest in the last five quarters, showing a decline in profitability and lower earnings for shareholders.

Overall, Integra Essentia’s financial performance for the quarter ending September 2024 has been mixed, with some positive and negative aspects. Investors are advised to carefully consider these factors before making any investment decisions.