Sarla Performance Fibers Reports 15.38% Net Profit Growth in Q2 FY24-25

Sarla Performance Fibers has recently undergone an adjustment in evaluation, reflecting the company's ongoing developments in the textile sector. The company has showcased notable financial metrics, including a net profit growth of 15.38% in the second quarter of FY24-25, continuing a trend of positive results over four consecutive quarters.
The financial health of Sarla Performance Fibers is underscored by a low debt-to-equity ratio of 0.13 times, which suggests a robust financial position. Additionally, the return on capital employed (ROCE) stands at 13.30%, while net sales reached a record high of Rs 113.91 crore. The profit before tax, excluding other income, also saw a significant increase of 68.7%, amounting to Rs 13.70 crore.

In terms of market performance, Sarla Performance Fibers has generated a remarkable return of 48.16% over the past year, outpacing the BSE 500 index. The stock is currently positioned within a mildly bullish range, supported by favorable technical indicators. With an attractive valuation reflected in a PEG ratio of 0.1, the company continues to demonstrate strong market performance.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.