Sundaram Multi Pap's Q1 financial results show significant growth and positive trends

Aug 13 2024 11:34 AM IST
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Sundaram Multi Pap, a microcap company in the printing and stationery industry, has reported a positive financial performance for the quarter ending June 2024. The company's PBT and PAT have shown significant growth of 518.18% and 439.5% respectively, while net sales and operating profit have also increased. MarketsMojo has given a 'Sell' call for the company's stock based on these results.
Sundaram Multi Pap, a microcap company in the printing and stationery industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from 1 to 15 in the last 3 months.

One of the key highlights of the financial report is the significant growth in Profit Before Tax less Other Income (PBT) which has increased by 518.18% year on year. This is a very positive trend for the company in the near term. Similarly, the Profit After Tax (PAT) has also shown a growth of 439.5% year on year, indicating a strong financial performance.

The company's net sales for this quarter were the highest in the last five quarters, standing at Rs 42.42 crore. This shows a positive trend in the near term for the company's sales. The Operating Profit (PBDIT) for this quarter was also the highest in the last five quarters, at Rs 3.71 crore. This indicates a positive trend in the near term for the company's operating profit.

Moreover, the company's Operating Profit Margin for this quarter was the highest in the last five quarters, at 8.75%. This shows an improvement in the company's efficiency. The Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT) were also the highest in the last five quarters, indicating a positive trend in the near term.

The company's Earnings per Share (EPS) for this quarter were the highest in the last five quarters, at Rs 0.01. This shows an increasing profitability for the company, creating higher earnings for its shareholders. Based on these financial results, MarketsMOJO has given a 'Sell' call for Sundaram Multi Pap's stock.
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