Kisaan Parivar Industries Shows Promising Growth in Q2 FY24-25 Financial Results

Kisaan Parivar Industries, a microcap company in the solvent extraction industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Kisaan Parivar's performance in Q2 FY24-25 was flat, with a score of 5 out of 10. However, there has been an improvement from the previous quarter's score of 3.

Despite the flat performance, there are some positive aspects to note from the financials. The company's Profit After Tax (PAT) for the half-yearly period was higher at Rs 1.26 crore compared to the preceding 12-month period of Rs 0.75 crore. This indicates a growth in profitability, as the company has already surpassed its PAT for the previous 12 months in just half a year.

Additionally, Kisaan Parivar's Operating Profit (PBDIT) for the quarter was the highest in the last five quarters at Rs 0.98 crore. This shows a positive trend in the company's near-term operating profit.

Similarly, the company's Profit Before Tax less Other Income (PBT) for the quarter was also the highest in the last five quarters at Rs 0.98 crore. This indicates a positive trend in the near-term PBT.

Overall, while Kisaan Parivar's financial performance may have been flat in the recent quarter, there are some promising signs for the company's profitability and operating performance. Investors may want to keep an eye on the company's future financial reports to see if these positive trends continue.