Shah Metacorp Reports Outstanding Financial Results for Q1 FY25, Showing Positive Growth in Sales and Profitability

Shah Metacorp, a microcap company in the iron and steel industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Shah Metacorp has shown outstanding performance in the quarter, with a score of 35, which is an improvement from the previous quarter’s score of 27. This is a positive sign for the company and its investors.

One of the key factors contributing to this success is the increase in net sales, which has grown by 101.5% to Rs 46.29 crore compared to the average net sales of the previous four quarters, which was Rs 22.97 crore. This shows a very positive trend in the company’s sales.

The company has also seen a significant growth in its profit before tax (PBT) less other income, which has increased by 8130.8% to Rs 2.61 crore compared to the average PBT of the previous four quarters, which was only Rs -0.03 crore. This is a very positive trend for the company’s profitability.

Moreover, Shah Metacorp’s operating profit (PBDIT) has been consistently growing in the last five quarters, with the highest being Rs 3.44 crore in the current quarter. This shows a positive trend in the company’s operations.

In terms of PBT, the company has also shown a positive trend, with the highest being Rs 2.61 crore in the current quarter. This is a significant improvement from the previous four quarters.

Overall, Shah Metacorp has shown a positive trend in its financial performance, with the highest net sales, PBT, and profit after tax (PAT) in the last five quarters. This has resulted in an increase in earnings per share (EPS) to Rs 0.56, indicating higher profitability for the company and its shareholders.