Keltech Energies Reports Mixed Results for Q1 FY25, PAT and EPS Show Improvement.

Keltech Energies, a microcap chemical company, recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Keltech Energies has shown a flat performance in the quarter, with a score of 2, which is an improvement from the previous quarter’s score of -6. However, the company’s financials for the quarter have both positive and negative aspects.

On the positive side, the company’s Profit After Tax (PAT) for the quarter was the highest in the last five quarters at Rs 6.75 crore. The near-term trend for PAT is also positive. Additionally, the company’s PAT has grown by 38.3% year on year, indicating a positive trend in profitability.

Another positive aspect is the company’s Earnings per Share (EPS) for the quarter, which was the highest in the last five quarters at Rs 67.50. This shows that the company has been able to create higher earnings for its shareholders.

However, on the negative side, the company’s Net Sales for the quarter have shown a decline of -5.59% year on year, with a total of Rs 128.30 crore. The near-term trend for sales is also negative.

Overall, Keltech Energies has shown a mixed performance in the quarter ending March 2024. While there are some positive aspects such as increasing profitability and higher earnings per share, the company’s net sales have declined. Investors are advised to hold their position in the company’s stock, as suggested by MarketsMOJO.