Radaan Mediaworks Shows Strong Growth in Q2, Receives 'Sell' Call from MarketsMOJO

Radaan Mediaworks (I), a microcap company in the film production, distribution, and entertainment industry, has recently declared its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Radaan Mediaworks has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 25 to 15 in the last three months.

One of the key factors contributing to this positive performance is the company's net sales, which have grown by 236.60% year on year, reaching Rs 18.21 crore in the first half of the fiscal year. This indicates a strong sales trend for Radaan Mediaworks.

Moreover, the company's profit after tax (PAT) for the first half of the fiscal year is higher at Rs 0.78 crore compared to the previous 12-month period ending in September 2024, where it was at Rs -0.45 crore. This shows a significant improvement in the company's profitability.

With these financial results, Radaan Mediaworks has already surpassed its PAT for the entire previous fiscal year in just the first half of the current fiscal year. This is a positive sign for the company's growth and financial stability.

However, it is important to note that MarketsMOJO has given a 'Sell' call for Radaan Mediaworks' stock. This could be due to various factors that are not mentioned in the financial report, and investors should do their own research before making any investment decisions.