Rhetan TMT Ltd's Q2 FY25 financials show significant growth and positive trends

Rhetan TMT Ltd, a smallcap company in the construction material industry, has recently declared its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financials, the company’s Profit Before Tax less Other Income (PBT) for the quarter has shown a significant growth of 192.9% compared to the average PBT of the previous four quarters. This indicates a positive trend in the near term for PBT. Similarly, the Profit After Tax (PAT) for the quarter has also shown a growth of 182.9% compared to the average PAT of the previous four quarters, indicating a positive trend in the near term for PAT.

The company’s Operating Cash Flow for the year has been the highest in the last three years at Rs 14.51 crore, indicating that the company has generated higher cash revenues from its business operations. The Operating Profit (PBDIT) for the quarter has also been the highest in the last five quarters at Rs 3.13 crore, showing a positive trend in the near term. The company’s Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) for the quarter have also been the highest in the last five quarters, indicating a positive trend in the near term for both.

The company’s Earnings per Share (EPS) for the quarter have also been the highest in the last five quarters at Rs 0.03, showing an increase in profitability and creating higher earnings for shareholders. These financial results reflect positively on Rhetan TMT Ltd and its performance in the construction material industry.