Aartech Solonics Reports Positive Sales Trend in Q1 FY25, But Profitability Takes a Hit

Aartech Solonics, a microcap company in the electric equipment industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Aartech Solonics has shown positive performance in the quarter, with a score of 11 compared to 14 in the previous quarter. The company’s net sales have seen a significant growth of 75.3% at Rs 9.98 crore, compared to the average net sales of the previous four quarters at Rs 5.69 crore. This indicates a very positive sales trend in the near term.

Moreover, Aartech Solonics has achieved its highest net sales in the last five quarters, further strengthening the positive sales trend. The company’s operating profit (PBDIT) has also seen a significant increase, reaching its highest at Rs 0.53 crore in the last five quarters. This indicates a positive trend in the near term for the company’s operating profit.

However, the company’s profit after tax (PAT) has fallen at -219.7% over the average PAT of the previous four quarters, standing at Rs -0.41 crore. This indicates a very negative trend in the near term for the company’s profitability. Additionally, the earnings per share (EPS) have also declined, reaching its lowest at Rs -0.39 in the last five quarters. This shows that the company has created lower earnings for its shareholders.

Overall, Aartech Solonics has shown positive financial performance in the quarter ending March 2024, with a strong sales trend and an increase in operating profit. However, the company’s profitability has taken a hit, which may be a cause for concern for investors. MarketsMOJO has given a ‘Hold’ call for the company’s stock, indicating a neutral stance for investors.