Indl. Inv. Trust Reports Positive Q2 Results, Net Sales Up by 35.3%
Industrial Investment Trust, a microcap finance company, has reported positive financial results for the second quarter of fiscal year 2024-2025. The company's net sales have increased by 35.3%, but profit before and after tax have decreased. Investors are advised to hold their positions and monitor the company's performance in the near future.
Industrial Investment Trust, a microcap finance company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.
According to the financial report, Indl. Inv. Trust has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 17 to 15 in the last three months.
One of the key factors contributing to this positive performance is the increase in net sales. The company's net sales for the quarter were Rs 14.48 crore, which is a growth of 35.3% compared to the average net sales of the previous four quarters.
However, there are also some areas that need improvement for Indl. Inv. Trust. The company's profit before tax (PBT) has decreased by 24.8% compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) has also decreased by 25.3% compared to the average PAT of the previous four quarters.
Despite these challenges, the company's near-term sales trend remains positive. Investors are advised to hold their positions in Indl. Inv. Trust and keep an eye on the company's financial performance in the coming quarters.
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