Shangar Decor Reports Strong Financial Performance in Q2 FY25

Oct 23 2024 04:55 PM IST
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Shangar Decor, a microcap company in the miscellaneous industry, has reported a positive financial performance in the quarter ending September 2024. The company's net sales have grown by 139.37% year on year, while operating profit, profit before tax, and profit after tax have all reached their highest levels in the last five quarters. This indicates a promising future for Shangar Decor.

Shangar Decor, a microcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for Shangar Decor is ‘Hold’.

According to the financial report, Shangar Decor has shown a very positive performance in the quarter, with a score of 20 compared to 16 in the previous quarter. This indicates a significant improvement in the company’s financials.


One of the key factors contributing to this positive performance is the net sales, which have grown by 139.37% year on year, reaching Rs 5.29 crore in the first half of the year. This is a very encouraging trend for the company.


In addition, the operating profit (PBDIT) for the quarter is the highest in the last five quarters, at Rs 1.45 crore. This shows a positive trend in the near term for the company’s operating profit.


Similarly, the profit before tax (PBT) less other income for the quarter is also the highest in the last five quarters, at Rs 1.06 crore. This is another positive sign for Shangar Decor.


The company’s profit after tax (PAT) for the quarter is also the highest in the last five quarters, at Rs 0.78 crore. This indicates a positive trend in the near term for the company’s profitability.


Furthermore, the earnings per share (EPS) for the quarter is the highest in the last five quarters, at Rs 0.64. This shows that the company has been able to create higher earnings for its shareholders.


Overall, Shangar Decor has shown a strong financial performance in the quarter ending September 2024, with positive trends in key financial indicators. This is a promising sign for the company’s future growth and success.


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