Kesoram Industries Reports Mixed Financial Performance in Q2 FY25

Kesoram Industries, a midcap cement company, recently announced its financial results for the quarter ending September 2024. The company has received a ‘Sell’ call from MarketsMOJO based on its negative financial performance in the quarter.

According to the financials, Kesoram Industries has seen a decline in its score from -3 to -12 in the last three months. However, there are some positive aspects to the company’s performance. The Profit Before Tax less Other Income (PBT) has shown a growth of 135.5% compared to the average of the previous four quarters. The company has also recorded its highest PBT in the last five quarters, indicating a positive trend in the near term. The Profit After Tax (PAT) has also shown a positive trend, with the highest recorded in the last five quarters.

On the other hand, there are some areas where Kesoram Industries needs to improve. The Net Sales have fallen by -92.3% compared to the average of the previous four quarters, indicating a very negative trend in the near term. The company’s ability to manage interest payments has also deteriorated, with the Operating Profit to Interest ratio at its lowest in the last five quarters. The Operating Profit (PBDIT) and Operating Profit Margin have also shown a negative trend in the near term.

However, the company has been able to reduce its debt and improve its Debtors Turnover Ratio, indicating a positive trend in managing its finances. The Cash and Cash Equivalents have also shown a positive trend in the last six half yearly periods.

Overall, Kesoram Industries has had a mixed financial performance in the quarter ending September 2024. Investors should carefully analyze the company’s financials before making any investment decisions.