Dutron Polymers Reports Negative Performance in Q2 of FY 2024-2025

Dutron Polymers, a microcap company in the plastic products industry, recently announced its financial results for the quarter ending September 2024. The results have been declared on October 28, 2024.

According to the financial data, the company has seen a negative performance in the second quarter of the fiscal year 2024-2025. The score has fallen from 11 to -7 in the last three months, indicating a decline in overall performance.

One of the major factors contributing to this decline is the net sales, which have fallen by 33.1% to Rs 19.54 crore compared to the average net sales of the previous four quarters, which was Rs 29.19 crore. This is a significant drop and the near-term sales trend is also negative.

The company's profit after tax (PAT) has also taken a hit, falling by 47.8% to Rs 0.33 crore compared to the average PAT of the previous four quarters, which was Rs 0.63 crore. This is another concerning factor and the near-term PAT trend is also negative.

Moreover, the net sales for this quarter are the lowest in the last five quarters, further highlighting the negative trend in the company's performance. It is important to note that the stock call for Dutron Polymers by MarketsMOJO is 'Sell'.

Based on the financial data, it is evident that Dutron Polymers is facing challenges in its business operations. The company will need to address these issues and take necessary steps to improve its performance in the upcoming quarters.