Gandhar Oil Refinery Reports Negative Performance in Q2 FY25

Gandhar Oil Refinery (India), a smallcap company in the oil exploration and refineries industry, recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

According to the financial report, Gandhar Oil Refinery has seen a negative performance in the second quarter of the fiscal year 2024-2025. The company’s score has fallen from -14 to -19 in the last three months.

One of the major factors contributing to this decline is the decrease in Profit Before Tax (PBT) and Profit After Tax (PAT). The PBT for the quarter was Rs 22.29 crore, which is a 49.2% decrease from the average PBT of the previous four quarters. Similarly, the PAT for the quarter was Rs 18.19 crore, a 42.5% decrease from the average PAT of the previous four quarters.

The company’s operating cash flow has also been on a downward trend, with a negative cash flow of Rs -69.34 crore in the last three years. This indicates a decline in the company’s cash revenues from business operations.

In terms of sales, Gandhar Oil Refinery has also seen a negative trend. The net sales for the quarter were at Rs 935.09 crore, the lowest in the last five quarters. This is a 7.4% decrease from the average net sales of the previous four quarters.

Overall, the recent financial results of Gandhar Oil Refinery show a decline in its performance. Investors are advised to take note of these factors before making any investment decisions.