Jasch Industries Reports Negative Performance in Q2, Operating Cash Flow Highest in 3 Years

Jasch Industries, 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, Jasch Industries has seen a negative performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the company's score, which has gone from -19 to -6 in the last three months.

One of the positive aspects of the company's financials is its operating cash flow, which has been the highest in the last three years at Rs 4.03 crore. This indicates that the company has generated higher cash revenues from its business operations.

On the other hand, the company's profit after tax (PAT) for the half-yearly period has decreased by 66.56% year on year, standing at Rs 3.23 crore. The near-term trend for PAT is also negative. Similarly, the net sales for the nine-month period have also shown a decline of 20.55% year on year, standing at Rs 124.36 crore. The near-term trend for sales is also negative.

Despite the negative financial performance, Jasch Industries remains a microcap company in the textile industry. It is important to note that this article is based on facts and does not include any external data or sources. Investors are advised to do their own research and analysis before making any investment decisions.