Tilak Ventures Reports Positive Financial Results for Q1 FY25, Shows Steady Growth in PAT and Net Sales

Tilak Ventures, a microcap finance company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Tilak Ventures has shown a positive performance in the quarter, with a score of 14, compared to 15 in the previous quarter. This indicates a slight decline, but the company’s financials are still in a good position.

One of the key highlights of the financial report is the growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 104.02% year on year. This is a significant improvement and shows a very positive trend for the company. Additionally, the quarterly net sales have also seen a growth of 305.5% compared to the average net sales of the previous four quarters. This indicates a strong sales trend in the near term.

Moreover, the company’s PAT for the half-yearly period is higher at Rs 4.06 crore compared to the preceding 12-month period, which was Rs 3.82 crore. This shows a consistent growth in profits for the company. The quarterly net sales have also reached a high of Rs 5.20 crore, which is the highest in the last five quarters. This further reinforces the positive sales trend for Tilak Ventures.

Overall, the financial results for the quarter ending June 2024 show a positive performance for Tilak Ventures. With a growing PAT and net sales, the company is on a steady path towards success in the finance industry. Investors can consider holding onto their stocks in Tilak Ventures for now.