Lords Chloro Alkali Reports Strong Financial Performance in Q2 2024 Despite 'Strong Sell' Rating

Lords Chloro Alkali, a microcap chemical company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

Despite this, Lords Chloro has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 12 to 8 in the last three months.

According to the September 2024 financials, the company's Profit After Tax (PAT) for the half-yearly period has grown by 250% year on year, standing at Rs 2.31 crore. This is a very positive trend for the company. Additionally, the PAT for the half-yearly period is higher than the preceding 12 months, which was at Rs -4.79 crore. This shows that the company has already surpassed its PAT for the previous year in just six months.

The Net Sales for the quarter ending September 2024 has also shown growth, standing at Rs 60.62 crore, a 25.98% increase from the same period last year. This indicates a positive sales trend in the near term.

However, the company's Operating Cash Flow for the last three years has been the lowest at Rs -14.40 crore. This shows a decline in the company's cash revenues from business operations.

Overall, Lords Chloro Alkali has shown promising financial results for the quarter ending September 2024, with a strong growth in PAT and Net Sales. However, the company's Operating Cash Flow has been a cause for concern. Investors should carefully consider these factors before making any investment decisions.