Sibar Auto Parts Shows Slight Improvement in Q2 Financials, Highest PAT and EPS in 5 Quarters

Sibar Auto Parts, a microcap company in the auto ancillary industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, Sibar Auto Parts has shown a flat performance in the second quarter of the fiscal year 2024-25. However, there has been a slight improvement in the company's score, which has increased from 0 to 2 in the last three months.

Despite the flat performance, there are some positive aspects to Sibar Auto Parts' financials. The company's Profit After Tax (PAT) for the quarter was the highest in the last five quarters, at Rs 0.03 crore. This shows a positive trend in the near term for the company's profitability. Additionally, the company's Earnings per Share (EPS) for the quarter was also the highest in the last five quarters, at Rs 0.02. This indicates that Sibar Auto Parts has been able to generate higher earnings for its shareholders.

While the company's financial performance may not be impressive, it is important to note that Sibar Auto Parts is a microcap company in a highly competitive industry. As such, it is important for investors to carefully consider their options before making any investment decisions.