Mahalaxmi Fabric Mills Reports Strong Sales and Operational Efficiency in Q3 2024

Nov 16 2024 04:49 PM IST
share
Share Via
Mahalaxmi Fabric Mills, a microcap company in the textile industry, has reported its financial results for the quarter ending September 2024. The results show a positive trend in net sales, operating profit, and profit before tax less other income. However, MarketsMojo has given a 'Strong Sell' call for the company's stock.
Mahalaxmi Fabric Mills, a microcap company in the textile industry, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Strong Sell' call from MarketsMOJO.

According to the financials, Mahalaxmi Fabric Mills has shown a positive trend in its net sales, with the highest quarterly sales of Rs 23.78 crore in the last five quarters. This indicates a strong performance in terms of sales for the company. Additionally, the operating profit (PBDIT) for the quarter has also seen a positive trend, with the highest at Rs 1.98 crore in the last five quarters. This shows an improvement in the company's operational efficiency.

Moreover, the operating profit margin for the quarter has also seen a significant increase, with the highest at 8.33% in the last five quarters. This further highlights the company's improved efficiency. The profit before tax less other income (PBT) for the quarter has also shown a positive trend, with the highest at Rs 0.37 crore in the last five quarters.

Overall, the financial results for the quarter ending September 2024 indicate a strong performance by Mahalaxmi Fabric Mills. However, it is important to note that MarketsMOJO has given a 'Strong Sell' call for the company's stock. Investors are advised to carefully consider all factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News