Palco Metals Ltd Reports Strong Financial Performance in Q1 FY25

Aug 14 2024 10:35 AM IST
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Palco Metals Ltd, a microcap company in the aluminium industry, has reported a strong financial performance for the quarter ending March 2024. The company's PBT and PAT have seen significant growth compared to the previous four quarters, while net sales and operating profit have also shown positive trends. Debtors turnover ratio has also improved, indicating efficient debt management.

Palco Metals Ltd, a microcap company in the aluminium industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Palco Metals has shown a very positive performance in the quarter, with a score of 29, which is an improvement from the previous score of 18 in the last 3 months.


The company’s Profit Before Tax less Other Income (PBT) for the quarter has seen a significant growth of 291.8% compared to the average PBT of the previous four quarters. This indicates a very positive trend in the near term for PBT. Similarly, the Profit After Tax (PAT) has also shown a remarkable growth of 872.4% compared to the average PAT of the previous four quarters, indicating a very positive trend in the near term.


The Net Sales for the quarter have also seen a growth of 23.7% compared to the average Net Sales of the previous four quarters, showing a positive trend in the near term. The company’s Operating Profit (PBDIT) for the quarter is the highest in the last five quarters, indicating a positive trend in the near term. The Operating Profit Margin for the quarter is also the highest in the last five quarters, showing an improvement in the company’s efficiency.


The company’s Debtors Turnover Ratio for the half-yearly period is the highest in the last five periods, indicating that the company has been able to settle its debtors faster.


Overall, Palco Metals Ltd has shown a very positive financial performance in the quarter ending March 2024, with improvements in various key areas. This is a good sign for the company and its investors, and it will be interesting to see how the company continues to perform in the future.


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