MKP Mobility Reports Strong Financial Results for Q1 FY25, Net Sales Up by 384.64%

Aug 14 2024 04:00 PM IST
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MKP Mobility, a microcap company in the textile industry, has reported positive financial results for the quarter ending June 2024. With a significant increase in net sales and highest quarterly profit after tax in the last five quarters, the company's performance shows a strong sales and profitability trend. MarketsMojo has given a 'Sell' call for the stock, but investors should monitor its future performance.

MKP Mobility, a microcap company in the textile industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance, with its score improving from 13 to 18 in the last 3 months, according to MarketsMOJO.

One of the key highlights of the financial report is the significant growth in net sales, which has reached Rs 14.20 crore, showing a 384.64% increase compared to the same period last year. This indicates a strong sales trend for the company.


Moreover, MKP Mobility has also reported its highest quarterly profit after tax (PAT) in the last five quarters, at Rs 0.65 crore. This shows a positive trend in the company’s profitability in the near term.


In addition, the company’s earnings per share (EPS) for the quarter have also reached its highest at Rs 1.91 in the last five quarters. This indicates that MKP Mobility has been able to create higher earnings for its shareholders.


Overall, the financial results for the quarter ending June 2024 have been positive for MKP Mobility, showcasing its strong performance in the textile industry. MarketsMOJO has given a ‘Sell’ call for the company’s stock, but investors should keep an eye on its future performance.


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