Khaitan Chemicals & Fertilizers Reports Negative Performance in Q2, But Net Sales Show Positive Trend

Khaitan Chemicals & Fertilizers, a microcap company in the fertilizer industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

According to the financial report, Khaitan Chemicals 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 -34 to -8 in the last three months.

The company's net sales for the quarter were the highest in the last five quarters, at Rs 230.65 crore. This shows a positive trend in the near term for Khaitan Chemicals.

On the other hand, the company's profit after tax (PAT) for the quarter was at Rs -3.07 crore, which is a significant decrease of -2890.9% compared to the same period last year. The near term trend for PAT is also negative.

In terms of dividends, Khaitan Chemicals has distributed the lowest dividend per share (DPS) of Rs 0.00 in the last five years. This is lower than the previous years, indicating a decrease in dividend distribution by the company. The dividend payout ratio (DPR) is also at its lowest in the last five years, at 0.00%. This means that the company is distributing a lower proportion of its profits as dividends.

Based on the financial results, it can be seen that Khaitan Chemicals & Fertilizers is facing some challenges in terms of profitability and dividend distribution. However, the company's net sales show a positive trend, which could potentially lead to better financial performance in the future. Investors should carefully consider these factors before making any investment decisions.