Kisaan Parivar Industries Releases Q1 Financial Results, Receives 'Sell' Call from MarketsMOJO

Aug 14 2024 10:34 AM IST
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Kisaan Parivar Industries, a microcap company in the solvent extraction industry, has reported its financial results for the quarter ending March 2024. The company's score has decreased from the previous quarter, but its Profit After Tax for the half-year period has significantly improved. Investors should carefully consider the 'Sell' call from MarketsMojo before making any decisions.
Kisaan Parivar Industries, a microcap company in the solvent extraction industry, has recently declared its financial results for the quarter ending March 2024. The results, released on August 13, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Kisaan Parivar has shown a flat performance in the quarter, with a score of 3 out of 10. This is a decrease from the previous quarter's score of 7. However, there are some positive aspects to the company's financials.

One of the highlights is the company's Profit After Tax (PAT) for the half-year period, which stands at Rs 1.09 crore. This is a significant improvement from the preceding 12-month period ending June 2024, where the company had a PAT of -0.13 crore. In just six months, Kisaan Parivar has already surpassed its PAT for the entire previous year.

Despite the mixed financial performance, Kisaan Parivar remains a microcap player in the solvent extraction industry. Investors should carefully consider the 'Sell' call from MarketsMOJO and do their own research before making any investment decisions.
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