ITL Industries Reports Positive Financial Results for Q1 FY25, Receives 'Hold' Call from MarketsMOJO
ITL Industries, a microcap engineering company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO, a leading financial analysis platform.
According to the financial report, ITL Industries has shown positive performance in the quarter, with a score of 7 out of 10, compared to 8 in the previous quarter. This indicates a slight decline, but overall, the company has maintained a stable financial position.
One of the key highlights of the financial report is the growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 31.06% year on year, reaching Rs 5.57 crore. This is a positive trend for the company and shows its ability to generate profits consistently.
In addition, the company’s Operating Profit (PBDIT) for the quarter has been the highest in the last five quarters, at Rs 3.25 crore. This indicates a positive trend in the near term for ITL Industries.
Overall, the financial results for the quarter ending March 2024 show a positive performance for ITL Industries. With a ‘Hold’ call from MarketsMOJO, investors can continue to monitor the company’s progress and make informed decisions.
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