Regis Industries Reports Impressive 851.70% Growth in Net Sales for Q1 FY25
Regis Industries, a microcap finance company, has recently announced its financial results for the quarter ending March 2024. The company’s net sales for the half-yearly period have shown a significant growth of 851.70% year on year, reaching Rs 13.99 crore. This is a positive trend for the company, indicating a strong performance in the market.
In addition, the net sales for the half-yearly period are higher at Rs 13.99 crore compared to the previous 12-month period ending in June 2024, which was at Rs 8.71 crore. This shows a steady increase in sales for Regis Industries, highlighting its potential for growth in the finance industry.
MarketsMOJO, a leading financial analysis platform, has given a ‘Sell’ call for Regis Industries’ stock. However, the company’s financial performance for the quarter ending March 2024 has improved from a score of 3 to 11 in the last 3 months. This indicates that the company is making positive strides in its financial performance and is on the right track for growth.
Overall, Regis Industries has shown a strong financial performance for the quarter ending March 2024, with a significant increase in net sales and a positive trend in its sales growth. This showcases the company’s potential in the finance industry and its ability to deliver positive results for its investors.
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