Mena Mani Industries Reports Positive Financial Results for Q2 FY25

Oct 25 2024 09:02 PM IST
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Mena Mani Industries, a microcap finance company, has received a 'Strong Sell' rating from MarketsMojo. However, the company has shown positive financial performance in the quarter ending September 2024, with a 61.92% increase in net sales and a strong operating cash flow. Its profitability has also improved, with the highest PAT and EPS in the last five quarters.

Mena Mani Industries, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has received a ‘Strong Sell’ rating from MarketsMOJO, a leading financial analysis platform.

Despite the negative stock call, Mena Mani Inds. has shown positive financial performance in the quarter. The company’s score has improved from 11 to 12 in the last three months, indicating a growth in its overall financial health.


One of the key factors contributing to this growth is the company’s net sales, which have increased by 61.92% year on year to reach Rs 11.14 crore. This is a significant improvement from the previous year and shows a positive sales trend in the near term.


Mena Mani Inds. has also shown a strong operating cash flow, with the highest amount of Rs 0.84 crore generated annually in the last three years. This indicates that the company has been able to generate higher cash revenues from its business operations.


In terms of profitability, the company has recorded its highest profit after tax (PAT) of Rs 0.51 crore in the last five quarters. This shows a positive trend in the near term and reflects the company’s ability to generate higher earnings for its shareholders.


Furthermore, Mena Mani Inds. has also reported its highest earnings per share (EPS) of Rs 0.51 in the last five quarters. This is a significant increase from the previous year and highlights the company’s increasing profitability.


In the nine-month period ending September 2024, the company’s net sales have also surpassed the sales of the previous 12-month period, indicating a strong growth trajectory.


Overall, Mena Mani Industries has shown a positive financial performance in the quarter ending September 2024, with strong sales and profitability figures. The company’s financial health has improved, and it remains to be seen how it will continue to perform in the future.


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