Lords Chloro Alkali Reports Strong Financial Results for Q2 2024, Highest Net Sales in 5 Quarters

Lords Chloro Alkali, a microcap company in the chemicals industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance with a score of 12, a significant improvement from -5 in the previous quarter.

One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 192.81% year on year. The near-term trend for PBT is also very positive. Similarly, the Profit After Tax (PAT) has shown a growth of 709.4% year on year, with a positive near-term trend. The company's net sales for the quarter were at Rs 65.04 crore, the highest in the last five quarters, with a positive trend in the near term.

Lords Chloro Alkali has also shown a strong operating performance with the highest Operating Profit (PBDIT) of Rs 4.54 crore in the last five quarters. The Operating Profit Margin has also improved, reaching a high of 6.98%. This indicates an increase in the company's efficiency. The company's PBT and PAT have also reached their highest levels in the last five quarters, with a positive trend in the near term.

The company's Earnings per Share (EPS) have also shown a positive trend, reaching a high of Rs 0.78 in the last five quarters. This indicates an increase in profitability and higher earnings for shareholders. Based on these financial results, MarketsMOJO has given a 'Sell' call for Lords Chloro Alkali's stock.