Containerway Int Reports Positive Growth in Financial Performance for Q2 FY25

Containerway International, a microcap logistics company, has recently announced its financial results for the quarter ending September 2024. The company has reported a flat financial performance for the second quarter of the fiscal year 2024-2025. However, there has been a significant improvement in its overall score, which has increased from 0 to 5 in the last three months.

According to the financial report, Containerway Int has shown a higher profit after tax (PAT) of Rs 0.94 crore in the first half of the fiscal year, as compared to the preceding 12-month period ending in September 2024, which was at Rs -0.15 crore. This indicates a positive growth trend for the company, as it has already surpassed its PAT for the previous 12 months in just half a year.

In terms of operating profit (PBDIT), Containerway Int has recorded its highest figure of Rs 0.07 crore in the last five quarters. This shows a positive trend in the near term for the company’s operating profit. Similarly, the profit before tax less other income (PBT) has also seen its highest figure of Rs 0.07 crore in the last five quarters, indicating a positive trend in the near term for PBT.

Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Containerway Int’s stock. However, it is important to note that this is not a recommendation and should not be considered as such. The information provided is purely fact-based and does not include any external data or sources.