Sheetal Cool Products reports mixed financial results for Q1 FY 25, advised to hold position

Jul 15 2024 05:45 PM IST
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Microcap FMCG company Sheetal Cool Products recently released its financial results for the quarter ending June 2024. While the company's stock has been given a 'Hold' call by MarketsMojo, its performance has remained flat with a score of 2 out of 12. However, there are some positive aspects such as an improvement in the operating profit to interest ratio and a 23.06% growth in half-yearly profit after tax. On the other hand, there are concerns regarding a decrease in net sales and a decline in operating profit margin. Investors are advised to hold their positions and monitor future financial reports closely.

Sheetal Cool Products, a microcap FMCG company, 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, Sheetal Cool’s performance for the quarter has remained flat, with a score of 2 out of 12 in the last three months. However, there are some positive aspects to the company’s financials. The operating profit to interest ratio for the quarter is the highest it has been in the last five quarters, indicating an improvement in the company’s ability to manage interest payments. Additionally, the half-yearly profit after tax has grown by 23.06% year on year, showing a positive trend in the near term.


On the other hand, there are some areas of concern for Sheetal Cool. The net sales for the quarter have decreased by 8.43% year on year, indicating a negative trend in the near term. The operating profit margin for the quarter is also the lowest it has been in the last five quarters, suggesting a deterioration in the company’s efficiency.


Overall, Sheetal Cool’s financial performance for the quarter ending June 2024 has been mixed. Investors are advised to hold their positions and closely monitor the company’s future financial reports for any significant changes.


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