Shree Ganesh Elastoplast Reports Strong Financial Performance in Q1 FY25
Shree Ganesh Elastoplast, a microcap trading company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO, a leading financial analysis platform.
According to the financial report, Shree Ganesh Elastoplast has shown a very positive performance in the quarter, with a score of 20, which is an improvement from the previous score of 15 in the last 3 months. This indicates a strong growth trend for the company.
One of the key highlights of the financial report is the significant growth in net sales for the half-yearly period, which has reached Rs 16.96 crore, showing a remarkable increase of 332.65% year on year. This is a clear indication of the company’s strong sales performance and positive sales trend.
Another positive aspect of the financial report is the growth in Profit Before Tax (PBT) for the quarter, which stands at Rs 1.52 crore, showing a growth of 223.4% over the average PBT of the previous four quarters. This indicates a strong near-term trend for PBT.
Similarly, the company’s Profit After Tax (PAT) for the quarter has also shown a significant growth of 177.3% over the average PAT of the previous four quarters, reaching Rs 1.13 crore. This further reinforces the positive near-term trend for the company’s PAT.
Overall, Shree Ganesh Elastoplast has shown a strong financial performance in the quarter ending March 2024, with positive growth in key areas such as net sales, PBT, and PAT. With a ‘Hold’ call from MarketsMOJO, the company’s stock is expected to continue its positive trend in the near future.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
