Shankar Lal Rampal Dye-Chem Reports Strong Financial Results for Q1 FY25, Positive Outlook Ahead
Shankar Lal Rampal Dye-Chem, a microcap trading company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.
According to the financial report, Shankar Lal Rampal Dye-Chem has shown a flat performance in the quarter, but there has been a significant improvement in the last three months with the score increasing from -3 to 2.
One of the key factors contributing to this improvement is the company’s Profit After Tax (PAT) for the half-yearly period, which has grown by 79.57% year on year, reaching Rs 4.13 crore. This positive trend in PAT is expected to continue in the near future.
Additionally, the company’s Earnings per Share (EPS) for the quarter have been the highest in the last five quarters, at Rs 2.73. This indicates a growing profitability and the company’s ability to generate higher earnings for its shareholders.
Overall, Shankar Lal Rampal Dye-Chem has shown promising financial results for the quarter ending March 2024, with a positive outlook for the near future. Investors are advised to hold their stocks in the company, as per the recommendation by MarketsMOJO.
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