Restile Ceramics Shows Improvement in Financial Results for Q1 FY25

Aug 07 2024 09:03 PM IST
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Restile Ceramics, a microcap company in the ceramics industry, has reported a flat performance in the quarter ending June 2024, with a score of 2 out of 10. However, the company's operating profit and PBT were the highest in the last five quarters, indicating a positive trend for the near future.

Restile Ceramics, a microcap company in the ceramics and allied industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO, indicating a negative outlook for investors.

According to the financial report, Restile Ceramics has shown a flat performance in the quarter, with a score of 2 out of 10. However, this is an improvement from the previous quarter’s score of 0. Despite this, the company’s operating profit (PBDIT) for the quarter was the highest in the last five quarters, at Rs -0.13 crore. This indicates a positive trend in the near term for Restile Ceramics.


Similarly, the company’s profit before tax less other income (PBT) for the quarter was also the highest in the last five quarters, at Rs -0.24 crore. This also suggests a positive trend in the near term for Restile Ceramics.


While the financial results may not be impressive, Restile Ceramics is showing signs of improvement in its operating profit and PBT. Investors should keep an eye on the company’s performance in the coming quarters to see if this positive trend continues.


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