Sizemasters Tech Reports Strong Financial Results for Q2 of FY 2024-2025

Nov 16 2024 05:09 PM IST
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Sizemasters Technology, a microcap company in the non-ferrous metal industry, has reported positive financial results for the quarter ending September 2024. The company's net sales have increased by 43.61% year on year, with a consistent score over the past three months. The operating profit, profit before tax, and profit after tax have also shown significant growth, with the highest figures in the last five quarters. The company's earnings per share have also increased, indicating higher profitability. However, MarketsMojo has given a 'Sell' call for the company's stock, based on these results.
Sizemasters Technology, a microcap company in the non-ferrous metal industry, has recently announced its financial results for the quarter ending September 2024. The company has reported positive performance in the second quarter of the fiscal year 2024-2025, with a consistent score over the past three months.

According to the Sep 2024 financials, Sizemasters Tech has shown significant growth in its net sales, which have increased by 43.61% year on year to reach Rs 10.11 crore. The company's near-term sales trend is also very positive. Additionally, the operating profit (PBDIT) for the quarter has been the highest in the last five quarters, at Rs 1.16 crore. The near-term trend for operating profit is also positive.

Sizemasters Tech has also recorded its highest profit before tax (PBT) in the last five quarters, at Rs 1.14 crore. The near-term trend for PBT is also positive. The company's profit after tax (PAT) for the quarter has also been the highest in the last five quarters, at Rs 1.02 crore. The near-term trend for PAT is also positive.

The company's earnings per share (EPS) for the quarter have been the highest in the last five quarters, at Rs 1.02. This indicates an increase in profitability and the company's ability to generate higher earnings for its shareholders. Moreover, in the nine-month period, Sizemasters Tech has already surpassed its sales from the previous twelve months, with net sales of Rs 10.11 crore compared to Rs 9.80 crore in the preceding 12-month period.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Sizemasters Tech's stock. However, it is important to note that this is not a recommendation and should not be considered as such. The information provided is purely fact-based and aims to inform readers about the company's financial performance.
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