Lime Chemicals Announces Q2 Financial Results, Records Highest Annual Operating Cash Flow
Lime Chemicals, a microcap company in the chemicals industry, has reported flat performance in the second quarter of fiscal year 2024-2025. However, the company has recorded its highest annual operating cash flow in the last three years and a higher half-yearly profit after tax compared to the previous year. Investors should consider the company's size and resources before making any investment decisions.
Lime Chemicals, a microcap company in the chemicals industry, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Sell' call from MarketsMOJO.According to the financial report, Lime Chemicals has shown a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has remained the same in the last three months.
However, there are some positive aspects to the company's financials. Lime Chemicals has recorded the highest annual operating cash flow of Rs 0.53 crore in the last three years. This shows that the company has been able to generate higher cash revenues from its business operations.
Moreover, the company's half-yearly profit after tax (PAT) for the period ending September 2024 is higher at Rs 0.10 crore compared to the preceding 12-month period of Rs -0.49 crore. This indicates that in just six months, Lime Chemicals has already surpassed its PAT for the entire previous year.
While the company's financial performance may not be impressive, it is worth noting that Lime Chemicals is a microcap company in the chemicals industry. As such, it may not have the same resources and capabilities as larger companies in the industry. Investors should carefully consider this before making any investment decisions.
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