Unique Organics Reports Strong Financial Results for Q2 2024, MarketsMOJO Recommends Hold

Unique Organics, a microcap company in the miscellaneous industry, has recently declared its financial results for the quarter ending September 2024. The stock call for the company by MarketsMOJO is 'Hold'. According to the financial report, Unique Organics has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 15 to 17 in the last three months. The company's Profit Before Tax less Other Income (PBT) for the quarter has grown by 455.17% year on year, reaching Rs 4.83 crore. The Profit After Tax (PAT) has also shown a significant growth of 273.5% year on year, reaching Rs 3.81 crore. The Operating Profit (PBDIT) for the quarter is at its highest in the last five quarters, standing at Rs 4.92 crore. The company's Earnings per Share (EPS) for the quarter is also at its highest in the last five quarters, at Rs 6.40. However, the company's Net Sales for the half-yearly period has shown a decline of -31.14% year on year, reaching Rs 66.72 crore. This indicates a negative sales trend in the near term. Overall, Unique Organics has shown positive financial performance in the recent quarter, with increasing profitability and higher earnings for shareholders. However, the company's sales trend in the near term is negative. Investors are advised to hold their stocks in Unique Organics, as recommended by MarketsMOJO.