Vikram Thermo (India) Reports Strong Financial Results for Q3 2024

Nov 14 2024 11:51 PM IST
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Vikram Thermo (India), a microcap company in the chemicals industry, has reported a positive performance in the quarter ending September 2024. The company's operating cash flow has consistently grown over the past three years, with the highest recorded in the last fiscal year. Its PAT and PBDIT for the quarter are also at their highest in the last five quarters, indicating a positive outlook for the company.
Vikram Thermo (India), a microcap company in the chemicals industry, has recently announced its financial results for the quarter ending September 2024. The company has shown a positive performance in this quarter, with its score improving from 10 to 16 in the last three months.

One of the key factors contributing to this positive performance is the company's operating cash flow, which has been consistently growing over the past three years. In the last fiscal year, Vikram Thermo recorded the highest operating cash flow of Rs 23.20 crore, indicating a strong revenue generation from its business operations.

The company's profit after tax (PAT) for the quarter stands at Rs 10.78 crore, showing a significant growth of 45.1% compared to the average PAT of the previous four quarters, which was Rs 7.43 crore. This trend in PAT is expected to continue in the near term, indicating a positive outlook for the company.

Vikram Thermo's operating profit (PBDIT) for the quarter is also at its highest in the last five quarters, standing at Rs 12.48 crore. This indicates a positive trend in the company's operating profit in the near term.

Furthermore, the company's profit before tax less other income (PBT) for the quarter is also at its highest in the last five quarters, standing at Rs 11.73 crore. This trend in PBT is also expected to continue in the near term.

The company's earnings per share (EPS) for the quarter is at its highest in the last five quarters, standing at Rs 3.12. This indicates an increasing profitability for the company, creating higher earnings for its shareholders.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Vikram Thermo's stock. However, it is important to note that this is not a recommendation and should not be considered as such. This article is purely based on the facts and figures provided by the company's financial results and does not include any external data or sources.
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