Neogen Chemicals Reports Growth in PBT and PAT for Q1 FY25

Aug 08 2024 08:29 AM IST
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Neogen Chemicals, a smallcap company in the chemicals industry, has reported its financial results for the quarter ending June 2024. Despite a flat performance with a score of 1 out of 10, the company has shown growth in both Profit Before Tax and Profit After Tax, indicating a positive trend in the near term.

Neogen Chemicals, a smallcap company in the chemicals industry, has recently declared its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Neogen Chemicals has shown a flat performance in the quarter, with a score of 1 out of 10. However, there are some positive aspects to the company’s financials.


One of the key highlights is the growth in Profit Before Tax less Other Income (PBT) for the quarter, which stands at Rs 14.19 crore. This is a 25.3% increase compared to the average PBT of the previous four quarters, which was Rs 11.33 crore. This indicates a positive trend in the near term for PBT.


Similarly, the Profit After Tax (PAT) for the quarter has also shown growth, with a 28.7% increase compared to the average PAT of the previous four quarters. This stands at Rs 11.47 crore, indicating a positive trend in the near term for PAT.


Overall, while Neogen Chemicals may have had a flat performance in the quarter, there are some positive signs in its financials. Investors may want to keep an eye on the company’s future performance to see if it can maintain this positive trend.


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