Lakhotia Polyesters Reports Strong Financial Performance in Q2 of FY 2024-2025.

Nov 12 2024 09:39 AM IST
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Lakhotia Polyesters (India) has reported a positive financial performance in the second quarter of fiscal year 2024-2025, with a significant increase in net sales and profitability. Despite a 'Strong Sell' call from MarketsMojo, the company's score has improved from 1 to 18 in the last three months, indicating a positive near-term trend.
Lakhotia Polyesters (India), a microcap company in the textile industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Strong Sell' call by MarketsMOJO.

Despite the negative sentiment from MarketsMOJO, Lakhotia Polyesters has shown a positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 1 to 18 in the last three months.

According to the financials for the quarter, Lakhotia Polyesters has seen a significant growth in net sales, which have increased by 254.27% year on year, reaching Rs 24.48 crore. This positive sales trend is a promising sign for the company.

The company has also shown a remarkable improvement in its profitability, with a quarterly profit after tax (PAT) of Rs 1.14 crore, which is a growth of 1050.0% compared to the average PAT of the previous four quarters. This indicates a positive near-term trend for the company's profitability.

Lakhotia Polyesters has also achieved its highest operating profit (PBDIT) in the last five quarters, at Rs 0.66 crore. The near-term trend for operating profit is also positive. Similarly, the company's profit before tax (PBT) less other income has also reached its highest in the last five quarters, at Rs 0.54 crore, with a positive near-term trend.

The company's earnings per share (EPS) have also shown a positive trend, reaching its highest at Rs 1.09 in the last five quarters. This indicates an increase in profitability and higher earnings for shareholders.

Overall, Lakhotia Polyesters has shown a strong financial performance in the second quarter of the fiscal year 2024-2025, with positive trends in sales, profitability, and earnings per share.
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