Rungta Irrigation's Q1 FY25 Financials Show Significant Decline, 'Hold' Call by MarketsMOJO.

Operating Profit – Quarterly: At Rs 2.30 cr has Fallen at -73.3 % over average Operating Profit of the previous four quarters of Rs 8.60 Cr. This indicates a significant decrease in profitability for the company.

Net Profit – Quarterly: At Rs 1.20 cr has Fallen at -85.7 % over average Net Profit of the previous four quarters of Rs 8.40 Cr. This shows a sharp decline in the company’s bottom line.

Earnings Per Share (EPS) – Quarterly: At Rs 0.60 has Fallen at -85.7 % over average EPS of the previous four quarters of Rs 4.20. This indicates a decrease in the company’s earnings per share, which is not a positive sign for investors.

Debt to Equity Ratio – Quarterly: At 0.00 has remained unchanged from the previous quarter. This shows that the company has not been able to reduce its debt burden, which could be a cause for concern.

Overall, Rungta Irrigation has not shown a strong financial performance in the quarter ending Jun 2024. The company’s net sales, operating profit, net profit, and EPS have all declined significantly. This could be due to various factors such as a slowdown in the industry, increased competition, or internal issues within the company. As a result, MarketsMOJO has given a ‘Hold’ call for the stock, indicating that investors should wait and watch before making any investment decisions. It is important for investors to carefully analyze the company’s financials and future prospects before making any investment decisions.