Kesar Petroproducts Reports Strong Financial Performance in Q1 FY25, Highest PAT and Net Sales in 5 Quarters

Kesar Petroproducts, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. The company has shown a very positive performance, with a score of 24, up from 17 in the previous quarter, according to MarketsMOJO.

The company’s profit after tax (PAT) for the quarter was Rs 3.05 crore, which is a significant increase of 593.2% compared to the average PAT of the previous four quarters. This shows a very positive trend in the company’s near-term profitability. Similarly, the net sales for the quarter were Rs 49.60 crore, a growth of 52.0% compared to the average net sales of the previous four quarters.

Kesar Petroproducts has also shown a consistent growth in its PAT and net sales over the last five quarters, with the current quarter being the highest in both categories. The company’s operating profit (PBDIT) for the quarter was also the highest in the last five quarters, at Rs 1.97 crore. This indicates a positive trend in the company’s near-term operating profit.

The company’s profit before tax (PBT) less other income for the quarter was also the highest in the last five quarters, at Rs 0.28 crore. This shows a positive trend in the company’s near-term PBT. Additionally, the earnings per share (EPS) for the quarter were the highest in the last five quarters, at Rs 0.32. This indicates an increasing profitability and higher earnings for shareholders.

However, one area of concern for Kesar Petroproducts is its non-operating income, which is 88.09% of its PBT. This suggests that the company’s income from non-business activities is high, which may not be a sustainable business model.

Overall, Kesar Petroproducts has shown a very positive financial performance in the quarter ending June 2024. With a ‘Hold’ call from MarketsMOJO, investors may want to keep an eye on the company’s future financial results to make informed investment decisions.