MRO-TEK Realty Reports Strong Financial Performance in Q2 of FY 2024-2025

MRO-TEK Realty, a microcap IT hardware company, has recently announced its financial results for the quarter ending September 2024. The company has shown positive performance in the second quarter of the fiscal year 2024-2025, with a score of 17, which is an improvement from the previous score of 12 in the last three months.

According to the financial report, MRO-TEK Realty has seen a significant growth in its Profit After Tax (PAT) for the half-yearly period, which stands at Rs 3.44 crore, showing a remarkable increase of 182.89% compared to the same period last year. This trend in PAT is a positive sign for the company.

Moreover, the company's PAT for the half-yearly period is higher than the preceding 12-month period, which ended in September 2024. This indicates that MRO-TEK Realty has already surpassed its PAT for the previous twelve months in just half a year.

In terms of net sales, MRO-TEK Realty has shown a growth of 29.9% in the quarterly period, with net sales of Rs 12.92 crore. This is higher than the average net sales of the previous four quarters, which stood at Rs 9.94 crore. This shows a positive trend in the company's sales performance in the near term.

However, the company's interest cost has also increased by 34.80% in the nine-month period, reaching Rs 8.25 crore. This signifies that MRO-TEK Realty has taken on more borrowings, which could be a cause for concern.

Overall, MRO-TEK Realty has shown a positive financial performance in the quarter ending September 2024, with a significant increase in PAT and net sales. However, the increase in interest cost should be monitored closely. MarketsMOJO has given a 'Sell' call for the company's stock, and investors should do their own research before making any investment decisions.