Shish Industries Reports Positive Financial Results for Q1 FY25, Shows Growth in PBT and PAT
Shish Industries, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from 15 to 17 in the last 3 months, according to MarketsMOJO.
One of the key factors contributing to this positive performance is the growth in Profit Before Tax less Other Income (PBT) which has increased by 184.38% year on year, reaching Rs 2.73 crore. This trend is expected to continue in the near term. Similarly, the Profit After Tax (PAT) has also shown a significant growth of 64.8% year on year, reaching Rs 2.62 crore. The company’s Net Sales have also increased by 31.01% year on year, reaching Rs 23.07 crore, indicating a positive trend in the near term.
Shish Industries has been performing well in the plastic products industry, and this quarter’s financial results further reinforce its position in the market. With a ‘Hold’ call from MarketsMOJO, investors can consider holding onto their stocks in the company. However, it is important to note that this article is based on facts and does not contain any recommendations or mention of future potential.
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