Orbit Exports Reports Strong Financial Performance in Q2 FY25, MarketsMOJO Gives 'Hold' Call

Oct 23 2024 08:16 AM IST
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Orbit Exports has reported a positive financial performance in the quarter ending Sep 2024, with a significant growth in PAT and net sales. However, a large portion of its income comes from non-business activities, which may not be sustainable. MarketsMojo has given a 'Hold' call for the stock, suggesting it as a good investment option for now.
Orbit Exports Reports Strong Financial Performance in Q2 FY25, MarketsMOJO Gives 'Hold' Call

Overall, Orbit Exports has shown positive financial performance in the quarter ending Sep 2024. The company’s PAT has seen a significant growth of 105.7% compared to the previous four quarters, while its net sales have also increased by 23.7%. This has resulted in a higher operating profit and earnings per share, indicating a strong performance by the company.

However, it is worth noting that a large portion of the company’s income comes from non-business activities, which may not be sustainable in the long run. This could potentially impact the company’s future financial performance.

Despite this, MarketsMOJO has given a ‘Hold’ call for Orbit Exports’ stock, indicating that it is a good investment option for now. Investors should keep an eye on the company’s future financial results to make informed decisions.

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