Automotive Stampings & Assemblies Reports Mixed Performance in Q1 FY25 Financial Results

Aug 06 2024 09:00 PM IST
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Automotive Stampings & Assemblies, a smallcap company in the auto ancillary industry, reported a flat performance in the quarter ending June 2024, with a score of 4 compared to 27 in the previous quarter. However, the company's Profit After Tax (PAT) for the half-yearly period showed a growth of 61.25% year on year, while the Net Sales for the quarter fell by -12.42%. Investors should carefully analyze these financials before making any decisions.

Automotive Stampings & Assemblies, a smallcap company in the auto ancillary industry, recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Automotive Stamp has seen a flat performance in the quarter, with a score of 4 compared to 27 in the previous quarter. However, there are some positive aspects to the company’s financials.


The Profit After Tax (PAT) for the half-yearly period has shown a growth of 61.25% year on year, reaching Rs 11.61 crore. This is a very positive trend for the company in the near term.


On the other hand, the Net Sales for the quarter have fallen by -12.42% year on year, reaching Rs 191.95 crore. This is a negative trend for the company in the near term. Additionally, this is the lowest net sales in the last five quarters, indicating a negative trend in the near term.


Overall, Automotive Stampings & Assemblies has shown a mixed performance in the quarter ending June 2024. Investors should carefully consider these financials before making any decisions regarding the company’s stock.


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