Naturite Agro Products Reports Strong Financial Performance in Q1 FY25

Naturite Agro Products, 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 in this quarter, with its score improving from 15 to 13 in the last 3 months.

One of the key highlights of the financial report is the significant growth in Profit After Tax (PAT) for the half-yearly period. The company has recorded a PAT of Rs 3.06 crore, which is a remarkable increase of 309.59% compared to the same period last year. This trend is a positive sign for Naturite Agro and shows its strong financial performance.

Moreover, the company’s PAT for the half-yearly period is higher than the preceding 12 months, which was Rs -2.80 crore. This indicates that Naturite Agro has already surpassed its PAT for the previous twelve months in just half a year.

In terms of sales, Naturite Agro has also shown a positive trend. Its net sales for the nine-month period ending June 2024 have grown by 39.19% compared to the same period last year. This shows that the company’s sales are on the rise in the near term.

However, despite these positive financial results, MarketsMOJO has given a ‘Strong Sell’ call for Naturite Agro’s stock. This could be due to various factors such as market conditions, competition, or other external factors. It is important for investors to do their own research and make informed decisions before investing in any company’s stock.