Kalyan Capitals' Q2 financial results show mixed performance, with some areas of concern.

Kalyan Capitals, a microcap company in the iron and steel industry, has recently announced its financial results for the quarter ending June 2024. The company has received a 'Strong Sell' stock call from MarketsMOJO.

Despite the overall positive financial performance, there are some areas of concern for Kalyan Capitals. The company's operating profit to interest ratio has improved, indicating better management of interest payments. However, the interest cost has also increased, suggesting a rise in borrowings.

On the positive side, the company's profit before tax (PBT) has grown by 41.4% compared to the average of the previous four quarters. The PBT for the quarter is also the highest in the last five quarters, showing a positive trend in the near term.

However, the net sales for the quarter have fallen by 9.1% compared to the average of the previous four quarters. This decline in sales is a cause for concern and indicates a negative trend in the near term.

Overall, Kalyan Capitals has shown a mixed performance in the quarter ending June 2024. Investors should carefully consider all the financial data before making any investment decisions.