Ishan Dyes & Chemicals Reports Outstanding Financial Results for Q1 FY25

Ishan Dyes & Chemicals, a microcap company in the dyes and pigments industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Ishan Dyes & Chemicals has shown outstanding performance in the last quarter, with a significant improvement in its score from -2 to 35 in just three months. This is a positive sign for the company and its investors.

The company’s Profit Before Tax (PBT) has seen a growth of 223.7% compared to the average PBT of the previous four quarters. This is a very positive trend for the near future. Similarly, the Profit After Tax (PAT) has also shown a growth of 330.7% compared to the average PAT of the previous four quarters. The company’s Net Sales have also increased by 65.0% compared to the average of the previous four quarters, with the highest sales of Rs 26.56 crore in the last five quarters.

Ishan Dyes & Chemicals has also shown a positive trend in its Operating Profit (PBDIT) and Operating Profit Margin, with the highest PBDIT of Rs 4.49 crore and the highest operating profit margin of 16.91% in the last five quarters. The company’s efficiency has improved, leading to higher profitability.

The company’s PBT and PAT have also shown a positive trend, with the highest PBT of Rs 2.95 crore and the highest PAT of Rs 3.79 crore in the last five quarters. This has resulted in an increase in the Earnings per Share (EPS) to Rs 1.75, indicating a higher profitability and value for shareholders.

Overall, Ishan Dyes & Chemicals has shown a strong financial performance in the last quarter, with positive trends in all key areas. This is a promising sign for the company and its investors, and it will be interesting to see how the company continues to grow in the future.