Dynamic Industries Reports Strong Financial Performance in Q1 FY25

Aug 13 2024 09:11 PM IST
share
Share Via
Dynamic Industries, a microcap company in the dyes and pigments industry, has reported a strong financial performance for the quarter ending March 2024. The company's net sales have grown by 99.9%, while its operating profit, profit before tax, and profit after tax have all shown consistent growth. This indicates a positive trend in the company's overall financial performance and makes it a promising player in the industry.

Dynamic Industries, a microcap company in the dyes and pigments industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Dynamic Industries has shown a very positive performance in the quarter, with a score of 24, which is a significant improvement from the previous score of 8 in the last three months.


One of the key factors contributing to this positive performance is the company’s net sales, which have grown by 99.9% to Rs 18.06 crore compared to the average net sales of the previous four quarters, which was Rs 9.04 crore. This indicates a strong and consistent growth in sales, making the near-term sales trend very positive.


The company’s operating profit (PBDIT) for the quarter was the highest at Rs 1.46 crore and has shown growth in each of the last five quarters. This indicates a positive trend in the company’s operational efficiency.


Dynamic Industries has also shown improvement in its operating profit margin, which was the highest at 8.08% for the quarter and has shown growth in each of the last five quarters. This indicates that the company has become more efficient in managing its costs and expenses.


The company’s profit before tax (PBT) less other income was also the highest at Rs 0.61 crore for the quarter and has shown growth in each of the last five quarters. This indicates a positive trend in the company’s profitability.


Similarly, the company’s profit after tax (PAT) was the highest at Rs 0.47 crore for the quarter and has shown growth in each of the last five quarters. This indicates a positive trend in the company’s overall financial performance.


In the last five quarters, Dynamic Industries has consistently shown growth in its net sales, with the highest being Rs 18.06 crore for the quarter ending March 2024. This indicates a positive trend in the company’s sales performance.


The company’s earnings per share (EPS) for the quarter was the highest at Rs 1.55, indicating an increase in profitability and creating higher earnings for shareholders.


Overall, Dynamic Industries has shown a very positive financial performance in the quarter ending March 2024, with consistent growth in key areas such as net sales, operating profit, and profitability. This makes the company a promising player in the dyes and pigments industry.


{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News