Thacker & Co. Reports Positive Q2 Results, Highest PAT in 5 Quarters
Thacker & Co. has reported a positive second quarter performance for the fiscal year 2024-2025, with a score of 9 out of 10. The company's quarterly Profit After Tax has reached its highest in the last five quarters, while Earnings per Share have also increased. However, the Debtors Turnover Ratio has decreased, indicating a slower pace in settling debts. MarketsMojo has given a 'Hold' call for the company's stock.
Thacker & Co., a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The company has shown positive performance in the second quarter of the fiscal year 2024-2025, with a score of 9 out of 10, an improvement from the previous score of 6 in the last 3 months.
According to the financial report, Thacker & Co. has achieved its highest quarterly Profit After Tax (PAT) of Rs 6.20 crore in the last five quarters. This shows a positive trend in the company's profitability in the near term. Additionally, the company's Earnings per Share (EPS) have also increased to Rs 56.36, indicating higher earnings for shareholders.
However, the company's Debtors Turnover Ratio for the half-yearly period has decreased to 0.00 times, the lowest in the last five half-yearly periods. This suggests that the company's pace of settling its debtors has slowed down.
Despite this, MarketsMOJO has given a 'Hold' call for Thacker & Co.'s stock, indicating a neutral stance. With these financial results, Thacker & Co. has shown promising performance in the trading industry as a microcap company. Investors and shareholders can keep a close eye on the company's future performance.
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