Sri KPR Industries Reports Strong Financial Performance in Q1 FY25, PAT Grows by 266.5%

Sri KPR Industries, a microcap company in the plastic products industry, has recently announced its financial results for the quarter ending June 2024. The company has shown positive growth in its financial performance, with a score of 17 out of 20, an improvement from the previous quarter’s score of 16.

One of the key highlights of the quarter is the significant increase in Profit After Tax (PAT), which has grown by 266.5% year on year. This shows a strong upward trend in the company’s profitability, which is expected to continue in the near future. Additionally, the Net Sales for the nine-month period have also shown a growth of 30.21% year on year, indicating a positive sales trend.

Another positive aspect for Sri KPR Industries is the increase in Earnings per Share (EPS) for the quarter, which is the highest in the last five quarters. This shows that the company has been able to generate higher earnings for its shareholders.

However, there are some areas that need improvement for Sri KPR Industries. The Non-Operating Income for the quarter is 66.67% of the Profit Before Tax (PBT), which indicates that the company’s income from non-business activities is high. This may not be a sustainable business model in the long run.

In conclusion, Sri KPR Industries has shown a positive financial performance in the quarter ending June 2024. With a strong growth in PAT and Net Sales, the company is on a path of growth and profitability. However, it is important for the company to address the issue of high non-operating income in order to maintain a sustainable business model. Based on these financials, MarketsMOJO has given a ‘Sell’ call for Sri KPR Industries’ stock.