Source Natural Foods & Herbal Supplements Reports Positive Q2 Results, Strong Cash Flow and Sales Growth

Source Natural Foods & Herbal Supplements, a microcap company in the pharmaceuticals and drugs industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Source Natural has shown a positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 6 to 12 in the last three months.

One of the key factors contributing to this positive performance is the company's operating cash flow, which has been consistently growing over the past three years. In the last annual period, Source Natural recorded the highest operating cash flow of Rs 2.69 crore. This indicates that the company has been able to generate higher cash revenues from its business operations.

In terms of net sales, Source Natural has also shown a positive trend. The company's net sales for the quarter were at Rs 10.26 crore, the highest in the last five quarters. This shows a positive near-term sales trend for the company.

Furthermore, the company's net sales have grown at a rate of 37.3% over the average net sales of the previous four quarters, which were at Rs 7.47 crore. This further reinforces the positive sales trend for Source Natural.

In terms of liquidity, Source Natural has also shown improvement. The company's cash and cash equivalents for the last six half-yearly periods were at the highest level of Rs 7.52 crore. This indicates that the company's short-term liquidity is improving.

Overall, Source Natural Foods & Herbal Supplements has shown a positive financial performance in the quarter ending September 2024. With its strong operating cash flow, growing net sales, and improved liquidity, the company is on track for a successful fiscal year.