Shanthi Gears Reports Positive Financial Performance in Q2 FY25, Promising Future Ahead

Oct 22 2024 05:32 PM IST
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Shanthi Gears, a smallcap company in the auto ancillary industry, has announced positive financial results for the quarter ending September 2024. Despite a 'Sell' call by MarketsMojo, the company has shown growth in key financial indicators such as PAT, net sales, and PBDIT. It also has a track record of distributing higher dividends to shareholders.

Shanthi Gears, a smallcap company in the auto ancillary industry, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite this, Shanthi Gears has shown positive financial performance in the quarter, with a score improvement from 2 to 10 in the last 3 months. This is a promising sign for the company.


One of the key factors contributing to this positive performance is the growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 20.82% year on year. The company’s net sales for the quarter have also been the highest in the last five quarters, indicating a positive sales trend.


Moreover, Shanthi Gears has also seen a significant increase in its Operating Profit (PBDIT) for the quarter, which is the highest in the last five quarters. This shows that the company’s efficiency has improved.


Another positive aspect is the growth in Profit Before Tax less Other Income (PBT) for the quarter, which has increased by 31.6% over the average PBT of the previous four quarters. This indicates a positive trend in PBT for the near future.


Additionally, Shanthi Gears has a track record of distributing higher dividends to its shareholders, with the highest dividend per share (DPS) of Rs 5.00 in the last five years. This shows the company’s commitment to sharing its profits with its investors.


Overall, Shanthi Gears 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 and its investors.


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