Kisan Mouldings Reports Positive Financial Results for Q2 FY25, PAT Grows by 116.63%
Kisan Mouldings, a microcap company in the plastic products industry, has 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, Kisan Mouldings has shown positive performance in the quarter, with a score of 6 out of 14. This is a significant improvement from the previous quarter’s score of 14. The company’s Profit After Tax (PAT) for the half-yearly period has grown by 116.63% year on year, indicating a strong positive trend. Additionally, the PAT for the half-yearly period is higher than the preceding 12 months, showing a promising growth trajectory.
However, the company’s net sales for the quarter have fallen by -19.3% compared to the average net sales of the previous four quarters. This is also the lowest net sales in the last five quarters, indicating a negative trend in the near term.
Despite these challenges, Kisan Mouldings remains a strong player in the plastic products industry and has shown promising growth in its financial performance. Investors are advised to carefully consider the company’s financials before making any investment decisions.
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