Shankar Lal Rampal Dye-Chem Reports Strong Financial Performance in Q2 FY25
Shankar Lal Rampal Dye-Chem, a microcap trading company, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.
Despite the negative stock call, Shankar Lal Rampal Dye-Chem has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company’s score has fallen from 24 to 14 in the last three months, indicating a decline in its overall financial health.
However, the company’s financials for the first half of the fiscal year have shown promising growth. The Profit After Tax (PAT) for the half-yearly period stands at Rs 6.01 crore, which is a significant increase of 146.31% compared to the same period last year. The PAT trend is also positive, indicating a strong financial performance.
Similarly, the Net Sales for the half-yearly period have grown by 54.80% to Rs 193.15 crore compared to the previous year. The near-term sales trend is also positive, suggesting a potential for future growth.
Overall, Shankar Lal Rampal Dye-Chem has shown a positive financial performance in the recent quarter, despite the ‘Sell’ call by MarketsMOJO. Investors should keep an eye on the company’s future financial results to make informed decisions.
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