Tijaria Polypipe's Q2 FY24-25 financial report shows decline in performance

Tijaria Polypipe, a microcap company in the plastic products industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' rating by MarketsMOJO.

According to the financial report, Tijaria Polypipe's performance in Q2 FY24-25 has remained flat, with a score of -4 compared to 0 in the previous quarter. This indicates a decline in the company's financial performance over the last three months.

One of the major factors contributing to this decline is the Profit Before Tax (PBT) less Other Income, which is at its lowest in the last five quarters at Rs -0.98 crore. This shows a negative trend in the company's near-term PBT.

Moreover, the company's Earnings per Share (EPS) for the quarter have also decreased to Rs -0.32, the lowest in the last five quarters. This indicates a decline in profitability and lower earnings for shareholders.

Another concerning aspect is the Debtors Turnover Ratio, which is at its lowest in the last five half-yearly periods at 0.00 times. This suggests that the company's pace of settling its debtors has slowed down.

Overall, Tijaria Polypipe's financial performance for the quarter ending September 2024 has not been favorable. Investors should take note of these factors before making any investment decisions.