Virat Crane Industries Reports Mixed Q2 Results, MarketsMOJO Gives 'Hold' Call

Virat Crane Industries, a microcap FMCG company, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO. According to the financial report, Virat Crane Industries has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 7 to 4 in the last three months. However, there are some positive aspects in the company's financials. The Profit After Tax (PAT) for the half-yearly period has shown a growth of 32.41% year on year, reaching Rs 4.29 crore. The near-term trend for PAT is also positive. On the other hand, the company's net sales for the quarter have fallen by -12.4% compared to the average net sales of the previous four quarters. This trend is also reflected in the lowest net sales of Rs 29.08 crore in the last five quarters. The near-term sales trend for Virat Crane Industries is negative. Despite the mixed financial performance, MarketsMOJO has given a 'Hold' call for the company's stock. Investors are advised to closely monitor the company's future financial reports to make informed decisions.