Kellton Tech Solutions Reports Strong Financial Performance in Q2 FY24-25

Kellton Tech Solutions, a smallcap IT software company, has recently announced its financial results for the quarter ending September 2024. The company has received a 'Hold' call from MarketsMOJO, a leading financial analysis platform.

According to the financial report, Kellton Tech has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 8 to 10 in the last three months, indicating a strong growth trend.

One of the key factors contributing to this positive performance is the company's net sales, which have reached a record high of Rs 270.69 crore and have shown consistent growth in the last five quarters. This trend is expected to continue in the near future.

Kellton Tech has also shown a significant increase in its Profit After Tax (PAT) for the half-yearly period, with a growth of 23.94% year on year. The company's Operating Profit (PBDIT) has also reached its highest point in the last five quarters, indicating a positive trend in the near term.

Another positive aspect of the financial report is the company's Profit Before Tax less Other Income (PBT), which has shown a growth of 27.38% year on year. This indicates a strong financial performance and a positive outlook for the company.

In terms of liquidity, Kellton Tech has shown improvement with its Cash and Cash Equivalents reaching a record high of Rs 34.71 crore in the last six half-yearly periods.

However, the company's Debtors Turnover Ratio has been the lowest in the last five half-yearly periods, indicating a slower pace in settling its debtors. This is an area that the company needs to focus on in order to improve its financial performance.

Overall, Kellton Tech Solutions has shown a positive financial performance in the second quarter of FY24-25, with strong growth in key areas. With a 'Hold' call from MarketsMOJO, the company is expected to continue its growth trend in the near future.