Shree Hari Chemicals Export Reports Strong Financial Performance in Q2 FY24-25

Shree Hari Chemicals Export, a microcap company in the chemicals industry, recently announced its financial results for the quarter ending September 2024. The stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Shree Hari Chemicals Export has shown a very positive performance in the second quarter of FY24-25. The company's score has improved from 5 to 24 in the last three months.

Some key highlights from the financials include a significant growth in Profit Before Tax (PBT) of 386.9% compared to the average PBT of the previous four quarters. The company's Profit After Tax (PAT) has also seen a growth of 282.9% compared to the average PAT of the previous four quarters. This indicates a very positive trend in the near term for both PBT and PAT.

Shree Hari Chemicals Export has also shown a strong operating cash flow of Rs 9.96 crore in the last three years, which is the highest in the company's history. This indicates that the company has generated higher cash revenues from its business operations.

In terms of operating profit, the company has achieved its highest quarterly figure of Rs 3.84 crore in the last five quarters. This shows a positive trend in the near term for operating profit.

The company's efficiency has also improved, as seen in the highest operating profit margin of 10.58% in the last five quarters. This indicates that the company is utilizing its resources effectively.

Overall, Shree Hari Chemicals Export has shown a positive trend in its financial performance, with the highest PBT and PAT figures in the last five quarters. This has also resulted in a higher earnings per share of Rs 5.03, indicating increasing profitability and value for shareholders.