Raghuvir Synthetics Reports Outstanding Financial Results for Q1 FY25

Raghuvir Synthetics, a microcap textile company, has recently announced its financial results for the quarter ended March 2024. The company has shown outstanding performance in this quarter, with a significant improvement in its financial score from 25 to 33 in the last three months.

According to the financial report, the company’s Profit Before Tax less Other Income (PBT) for the quarter has grown by 526.7% to Rs 3.04 crore, compared to the average PBT of the previous four quarters which was Rs -0.71 crore. This shows a very positive trend in the near term for PBT. Similarly, the Profit After Tax (PAT) for the quarter has also shown a growth of 275.2% to Rs 3.48 crore, compared to the average PAT of the previous four quarters which was Rs 0.93 crore. This indicates a very positive trend in the near term for PAT.

The company’s Net Sales for the quarter have been the highest in the last five quarters at Rs 63.65 crore, showing a positive trend in the near term. The Operating Profit (PBDIT) for the quarter has also been the highest in the last five quarters at Rs 5.70 crore, indicating a positive trend in the near term. The Operating Profit Margin for the quarter has also been the highest in the last five quarters at 8.96%, showing an improvement in the company’s efficiency.

The company’s Earnings per Share (EPS) for the quarter have been the highest in the last five quarters at Rs 0.90, indicating an increase in profitability and higher earnings for shareholders. Based on these financial results, MarketsMOJO has given a ‘Sell’ call for Raghuvir Synthetics’ stock.

Overall, Raghuvir Synthetics has shown a strong financial performance in the quarter ended March 2024, with positive trends in key financial indicators. Investors and stakeholders can look forward to the company’s continued growth and success in the textile industry.