Shree Pushkar Chemicals & Fertilizers Reports Positive Q2 Results, MarketsMOJO Recommends Hold

Shree Pushkar Chemicals & Fertilizers, a microcap company in the miscellaneous industry, has recently announced its financial results for the quarter ending September 2024. The stock call by MarketsMOJO for the company is 'Hold'.

According to the financial report, Shree Pushkar Chemicals & Fertilizers has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 6 to 11 in the last three months.

The company's Profit Before Tax (PBT) less Other Income for the quarter was Rs 13.10 crore, showing a growth of 58.02% compared to the same period last year. The near-term trend for PBT is very positive. Similarly, the Profit After Tax (PAT) for the quarter was Rs 13.32 crore, with a growth of 57.6% compared to the previous year. The near-term trend for PAT is also very positive.

Shree Pushkar Chemicals & Fertilizers also saw its Operating Profit (PBDIT) reach its highest at Rs 19.08 crore in the last five quarters. The near-term trend for Operating Profit is positive. The company's Operating Profit Margin for the quarter was also at its highest at 10.86%, indicating an improvement in efficiency.

However, the company's Net Sales for the quarter was Rs 175.62 crore, showing a decline of -5.18% compared to the same period last year. The near-term trend for sales is negative.

Overall, Shree Pushkar Chemicals & Fertilizers has shown a positive financial performance in the second quarter of the fiscal year 2024-2025. Investors are advised to hold their stocks, according to MarketsMOJO.