Alufluoride Reports Positive Financial Results for Q2 2024, Receives 'Hold' Rating from MarketsMOJO

Alufluoride, a microcap company in the chemicals industry, has 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, Alufluoride has shown a positive performance in the second quarter of the fiscal year 2024-2025. In the last three months, the company's score has improved from 2 to 9, indicating a significant growth.

One of the key factors contributing to Alufluoride's positive financial performance is its operating cash flow. The company has recorded the highest annual operating cash flow of Rs 34.98 crore and has shown consistent growth in the last three years. This indicates that the company has generated higher cash revenues from its business operations.

In terms of net sales, Alufluoride has recorded its highest quarterly sales of Rs 53.20 crore in the last five quarters. This shows a positive trend in the company's sales performance in the near term.

Similarly, the company's operating profit (PBDIT) has also shown a positive trend in the last five quarters, with the highest recorded at Rs 10.58 crore. The same can be seen in the profit before tax less other income (PBT) and profit after tax (PAT), with the highest recorded at Rs 7.78 crore and Rs 6.65 crore respectively. This indicates that Alufluoride has been able to increase its profitability in the near term.

Moreover, the company's earnings per share (EPS) have also shown a positive trend, with the highest recorded at Rs 8.50 in the last five quarters. This shows that Alufluoride has been able to create higher earnings for its shareholders.

Overall, Alufluoride's financial results for the quarter ending September 2024 have been positive, with a significant improvement in its score and a positive trend in key financial indicators. Investors are advised to hold their stock in the company, as suggested by MarketsMOJO.