Shradha AI Tech's Q2 FY25 Financial Performance Shows Positive Trend Despite Negative Sales

Oct 23 2024 10:02 PM IST
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Shradha AI Tech has reported a positive financial performance in the quarter ending September 2024, with its operating profit, profit before tax, and profit after tax reaching their highest figures in the last five quarters. Despite a decline in net sales, the company's earnings per share have also seen a significant increase. MarketsMojo has given a 'Hold' call for the company's stock, indicating potential for future growth.

Despite the negative sales trend, Shradha AI Tech has shown positive financial performance in the quarter ending September 2024. The company’s operating profit (PBDIT) has reached its highest in the last five quarters at Rs 2.47 crore, indicating a positive trend in the near term. Similarly, the profit before tax (PBT) and profit after tax (PAT) have also shown an increase, with the highest figures in the last five quarters.

This positive financial performance has led MarketsMOJO to give a ‘Hold’ call for Shradha AI Tech’s stock. The company’s earnings per share (EPS) have also seen a significant increase, reaching its highest in the last five quarters at Rs 1.06. This shows that the company has been able to create higher earnings for its shareholders.


However, the company’s net sales for the half-yearly period have shown a decline of -28.26% year on year, indicating a negative trend in the near term. Despite this, Shradha AI Tech has managed to maintain a positive financial performance in the quarter ending September 2024.


Investors and experts are closely watching the company’s performance, as it is a microcap in the trading industry. With the recent positive financial results, Shradha AI Tech has shown potential for growth and improvement in the future. However, it is important to note that this article is based solely on the company’s financial performance and does not make any recommendations for investment.


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