Radiant Cash Management Services Reports Strong Financial Performance in Q2 2024
Radiant Cash Management Services, a microcap IT software company, has reported positive financial results for the quarter ending September 2024. The company's net sales, operating profit, and profit after tax have all seen significant increases, indicating improved efficiency and profitability. The earnings per share have also increased, showing higher earnings for shareholders.
Radiant Cash Management Services, a microcap IT software company, has recently announced its financial results for the quarter ending September 2024. The stock has been given a 'Hold' call by MarketsMOJO.According to the financial report, Radiant Cash has shown positive performance in the second quarter of the fiscal year 2024-2025. In the last three months, the company's score has improved from -4 to 8.
One of the key highlights of the financials is the increase in net sales, which reached its highest at Rs 107.04 crore in the last five quarters. The company's sales trend is also positive in the near term. Additionally, the operating profit (PBDIT) has also seen a significant increase, reaching its highest at Rs 19.11 crore in the last five quarters. The operating profit margin has also improved, reaching its highest at 17.85%. This indicates an increase in the company's efficiency.
The profit before tax less other income (PBT) has also shown a positive trend, reaching its highest at Rs 16.18 crore in the last five quarters. This is a growth of 26.7% over the average PBT of the previous four quarters. The profit after tax (PAT) has also seen a positive trend, reaching its highest at Rs 12.48 crore in the last five quarters. This is a growth of 20.8% over the average PAT of the previous four quarters.
The earnings per share (EPS) have also increased, reaching its highest at Rs 1.17 in the last five quarters. This indicates an increase in profitability and higher earnings for shareholders. Overall, Radiant Cash Management Services has shown a positive financial performance in the quarter ending September 2024.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
