Standard Industries Reports Mixed Financial Results for Q1 FY25, Operating Profit Shows Positive Trend

Standard Industries, a microcap trading company, has recently announced its financial results for the quarter ending June 2024. According to the report, the company has seen a flat performance with a score of -2, a decrease from the previous quarter’s score of 1.

Despite this, there are some positive aspects to note from the financials. The company’s operating profit (PBDIT) for the quarter was the highest in the last five quarters at Rs -2.37 crore, indicating a positive trend in the near term. Similarly, the profit before tax less other income (PBT) was also the highest in the last five quarters at Rs -3.68 crore, with a positive trend in the near term.

However, there are also some areas of concern for Standard Industries. The profit after tax (PAT) for the quarter was at Rs -1.38 crore, a significant decrease of -4146.2% compared to the average PAT of the previous four quarters. This indicates a very negative trend in the near term. Additionally, the company’s dividend payout ratio (DPR) for the last five years is at its lowest at -5,156.14%, suggesting that the company is distributing a lower proportion of its profits as dividends.

Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Standard Industries’ stock. Investors should carefully consider these factors before making any investment decisions.