Jyoti Resins' Q1 FY25 results show growth in PAT and PBT, despite flat performance

Jyoti Resins and Adhesives, a smallcap company in the chemicals industry, recently announced its financial results for the quarter ending June 2024. The results, declared on August 12, 2024, have received a ‘Sell’ call from MarketsMOJO.

Despite a flat performance in the quarter, Jyoti Resins has shown growth in its Profit After Tax (PAT) for the nine-month period, with a 21.86% increase year on year. The company’s Operating Profit (PBDIT) for the quarter was at its highest in the last five quarters, showing a positive trend in the near term. Similarly, the Profit Before Tax less Other Income (PBT) for the quarter was also at its highest in the last five quarters, indicating a positive trend in the near term.

Jyoti Resins’ financial performance may have been affected in the last quarter, but the company’s PAT and PBT trends show promise for the future. With a focus on improving its operations and increasing profitability, Jyoti Resins is determined to overcome any challenges and continue its growth trajectory. Investors and stakeholders can keep a close eye on the company’s progress in the coming months.