Tilak Ventures Reports Strong Financial Performance in Q2 FY25, Record High Net Sales and Profit Growth.

Tilak Ventures, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company has shown a very positive performance with a score of 22, which is an improvement from the previous score of 14 in the last 3 months.

One of the key highlights of the financial results is the significant growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 119.77% year on year. This shows a strong and positive trend in the company’s profitability. Additionally, the net sales for the quarter have also shown a remarkable growth of 621.5% compared to the average net sales of the previous four quarters.

Moreover, the company’s net sales for the quarter have reached a record high of Rs 9.38 crore, indicating a positive trend in the near term. The earnings per share (EPS) for the quarter have also shown an increase, reaching the highest at Rs 0.09 in the last five quarters. This reflects the company’s efforts in creating higher earnings for its shareholders.

However, there are some areas that need improvement for Tilak Ventures. The non-operating income for the quarter is 44.06% of the Profit Before Tax (PBT), which indicates a high reliance on non-business activities. This may not be a sustainable business model in the long run. Additionally, the non-operating income for the quarter has also reached a record high of Rs 1.15 crore, which may not be sustainable.

Overall, Tilak Ventures has shown a strong and positive financial performance in the quarter ending September 2024. However, the company needs to focus on reducing its reliance on non-business activities to ensure sustainable growth in the future. Based on the financial results, MarketsMOJO has given a ‘Hold’ call for the company’s stock.