Relicab Cable Manufacturing Shows Growth in Sales and Profits in Q2 FY25

Relicab Cable Manufacturing, a microcap company in the cable industry, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a ‘Sell’ call from MarketsMOJO.

According to the financial report, Relicab Cable has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been an improvement in the company’s score, which has increased from -4 to 2 in the last three months.

Despite the flat performance, there are some positive aspects to be noted from the financials. The net sales for the quarter have grown by 29.15% year on year, reaching Rs 11.12 crore. This indicates a positive trend in the company’s sales in the near term.

Moreover, the company’s profit after tax (PAT) for the nine-month period is higher at Rs 2.05 crore compared to the previous twelve months’ figure of Rs 1.73 crore. This shows a significant growth in profits for the company in a relatively short period of time.

Overall, while the financial performance of Relicab Cable may not be outstanding, there are some promising signs for the company’s future growth. Investors may want to keep an eye on this microcap company in the cable industry.