RLF's Revenue Increases by 6.25% in Q3, Positive Trend in Profitability.
RLF, a microcap textile company, has reported a flat financial performance for the quarter ending September 2024, with a score of 2 out of 5. However, the company has shown a positive trend in profitability, with a higher PAT of Rs 0.08 crore and a 6.25% increase in revenue to Rs 0.17 crore.
Revenue: Increased by 6.25% to Rs 0.17 cr from Rs 0.16 cr in the previous quarter.RLF, a microcap textile company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a cautious outlook for investors.
However, despite this, RLF has shown a flat financial performance for the quarter, with a score of 2 out of 5, which is an improvement from the previous quarter's score of 0.
Looking at the financials for the quarter, RLF has seen a higher Profit After Tax (PAT) of Rs 0.08 crore, compared to the preceding 12-month period of Rs 0.05 crore. This shows a positive trend in the company's profitability.
Additionally, RLF's revenue has also increased by 6.25% to Rs 0.17 crore from the previous quarter's revenue of Rs 0.16 crore. This indicates a growth in the company's sales.
Overall, RLF's financial results for the quarter have shown some positive signs, despite the 'Sell' call by MarketsMOJO. It will be interesting to see how the company performs in the upcoming quarters and if it can continue to improve its financials.
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