Pritish Nandy Communications Reports Strong Financial Performance in Q1 FY25
Pritish Nandy Communications, a microcap company in the films and entertainment industry, has recently announced 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, Pritish Nandy Communications has shown a very positive performance in the quarter, with a score of 23, which is an improvement from the previous score of 27 in the last 3 months.
The company’s net sales for the half-yearly period have seen a significant growth of 858.40% year on year, reaching Rs 47.92 crore. This shows a very positive trend in sales for the company. Similarly, the profit after tax (PAT) for the same period has also shown a growth of 172.55% year on year, reaching Rs 1.48 crore. This indicates a very positive trend in the company’s profitability.
Moreover, the net sales for the half-yearly period are higher at Rs 47.92 crore compared to the preceding 12-month period ending June 2024, which was Rs 29.42 crore. This shows that in just half a year, the company has already surpassed its sales for the entire previous year. Similarly, the PAT for the half-yearly period is also higher at Rs 1.48 crore compared to the preceding 12-month period, which was Rs -0.35 crore. This indicates that the company has already achieved its PAT for the previous year in just half a year.
Overall, Pritish Nandy Communications has shown a very positive financial performance in the quarter ending June 2024, with a significant growth in both net sales and PAT. This is a promising sign for the company and its investors.
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