Panasonic Energy India Reports Strong Financial Performance in Q2 2024-25

Panasonic Energy India Company, a leading manufacturer of batteries, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance in the second quarter of the fiscal year 2024-25, with its score improving from 17 to 16 in the last three months.

According to the financial report, the company's Profit After Tax (PAT) for the half-yearly period has grown by 35.21% year on year, reaching Rs 8.18 crore. This indicates a positive trend in the company's near-term profitability. Additionally, Panasonic Energy has also shown a strong performance in terms of Operating Cash Flow, with the highest amount of Rs 26.87 crore generated in the last three years. This reflects the company's ability to generate higher cash revenues from its business operations.

Another noteworthy aspect of the financial report is the Debtors Turnover Ratio, which has been the highest at 77.90 times in the last five half-yearly periods. This indicates that the company has been able to settle its debtors at a faster rate, which is a positive sign for its financial health.

Furthermore, Panasonic Energy has also been consistently distributing higher dividends to its shareholders, with the Dividend per Share (DPS) reaching its highest at Rs 8.85 in the last five years. This shows the company's commitment to sharing its profits with its investors.

In light of these positive financial results, MarketsMOJO has given a 'Sell' call for Panasonic Energy's stock. With its strong financial performance and consistent growth, Panasonic Energy is poised to continue its success in the batteries industry.