Ecoboard Industries Reports Impressive Financial Performance in Q1 FY25

Operating Profit – Half Yearly: Operating Profit has grown to Rs 2.15 cr from last year’s Rs 0.06 cr. This is a significant increase of 3416.67%.

Net Profit – Half Yearly: Net Profit for the quarter has increased to Rs 1.52 cr from last year’s Rs 0.01 cr, showing a growth of 15100%.

Ecoboard Industries, a microcap company in the wood products industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite this, Ecoboard Industries has shown a positive financial performance in the quarter, with a score of 7 out of 13. This is an improvement from the previous quarter’s score of 13.

One of the key factors contributing to this positive performance is the company’s net sales, which have grown by 74.11% year on year to reach Rs 16.54 crore. The near-term sales trend for Ecoboard Industries is also very positive.

Another significant improvement can be seen in the company’s operating profit, which has increased from Rs 0.06 crore to Rs 2.15 crore, a growth of 3416.67%. This shows a strong financial performance and efficient management of operations.

The net profit for the quarter has also seen a significant increase, from Rs 0.01 crore to Rs 1.52 crore, showing a growth of 15100%. This is a positive sign for the company and its shareholders.

Overall, Ecoboard Industries has shown a strong financial performance in the quarter ending June 2024. However, investors should consider the ‘Sell’ call by MarketsMOJO and do their own research before making any investment decisions.