Ecoplast's Q1 FY25 Financial Performance Remains Flat, Concerns Over Profitability and Debt Increase

Aug 14 2024 11:50 PM IST
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Ecoplast's financial performance for the quarter ending Jun 2024 has been flat, with a decrease in operating profit margin and an increase in debt to equity ratio. While net sales have remained stable and short term liquidity has improved, concerns remain about non-operating income and profitability. MarketsMojo has advised selling Ecoplast's stock based on these results.

Operating Profit Margin (OPM) – Quarterly: Lowest at 6.28% in the last five quarters. Company’s profitability has decreased due to higher expenses.

Debt to Equity Ratio – Half Yearly: Highest at 0.03 in the last six half yearly periods.Company has increased its debt to finance its operations.


Overall, Ecoplast has reported a flat financial performance for the quarter ending Jun 2024. The company’s net sales have remained stable and it has been able to improve its short term liquidity and settle its debtors faster. However, there are some concerns regarding the company’s non-operating income and profitability. MarketsMOJO has given a ‘Sell’ call for Ecoplast’s stock based on these financial results. Investors should carefully consider these factors before making any investment decisions.


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