Taneja Aerospace & Aviation Reports Strong Financial Performance in Q2 FY25

Oct 25 2024 06:32 PM IST
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Taneja Aerospace & Aviation, a smallcap company in the miscellaneous industry, has reported positive financial results for the quarter ending September 2024. The company has shown growth in net sales, profit before tax, and earnings per share, with the highest recorded in the last five quarters. It also has a high dividend payout ratio, indicating potential for future profitability.

Taneja Aerospace & Aviation, a smallcap company in the miscellaneous industry, has recently declared its financial results for the quarter ending September 2024. According to the latest report, the company has shown positive performance in terms of net sales, profit before tax, and earnings per share.

The net sales for the quarter were recorded at Rs 10.12 crore, which is the highest in the last five quarters. This shows a growth of 26.8% compared to the average net sales of the previous four quarters. The company has also seen a positive trend in its near term sales.


In terms of profit before tax, Taneja Aerospace has shown a significant growth of 55.7% over the average PBT of the previous four quarters. The PBT for the quarter was recorded at Rs 5.67 crore, which is the highest in the last five quarters. This indicates a positive trend in the company’s near term PBT.


The operating profit (PBDIT) for the quarter was also the highest in the last five quarters at Rs 6.66 crore. This shows a positive trend in the company’s near term operating profit. Similarly, the profit after tax (PAT) for the quarter was recorded at Rs 4.09 crore, which is the highest in the last five quarters. This indicates a positive trend in the company’s near term PAT.


Taneja Aerospace has also shown an increase in its earnings per share (EPS) for the quarter, with the highest recorded at Rs 1.60 in the last five quarters. This shows that the company has been able to generate higher earnings for its shareholders.


Moreover, the company has a high dividend payout ratio (DPR) of 91.64% in the last five years, indicating that it distributes a higher proportion of its profits as dividends. This is a positive sign for investors.


Overall, Taneja Aerospace & Aviation has shown a positive financial performance in the quarter ending September 2024, with a strong growth in net sales, profit before tax, and earnings per share. This showcases the company’s potential for growth and profitability in the future.


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