Black Rose Industries Reports Strong Financial Performance in Q1 FY25, PAT Increases by 77.82%

Jul 31 2024 09:00 PM IST
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Black Rose Industries, a microcap textile company, has reported a positive financial performance in the quarter ending June 2024, with a significant improvement in its financials. The company's Profit After Tax has increased by 77.82% year on year, while its Debtors Turnover Ratio has slowed down. Investors should monitor future financial reports for further progress.

Black Rose Industries, a microcap textile company, has 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, Black Rose Industries has shown a positive performance in the quarter, with a score of 6 compared to 14 in the previous 3 months. This indicates a significant improvement in the company’s financials.


One of the key highlights of the financial report is the growth in Profit After Tax (PAT) for the half-yearly period, which has increased by 77.82% year on year, reaching Rs 10.42 crore. This shows a strong and consistent growth trend in the company’s profits.


However, the company’s Debtors Turnover Ratio for the half-yearly period has been the lowest in the last five periods, at 5.70 times. This suggests that the company’s pace of settling its debtors has slowed down.


Despite this, Black Rose Industries has shown a positive financial performance in the quarter ending June 2024. Investors should keep an eye on the company’s future financial reports to track its progress.


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