Shalimar Productions Announces Positive Financial Results for Q2 2024

Nov 14 2024 04:53 PM IST
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Shalimar Productions, a microcap film production and distribution company, has reported a flat performance in the second quarter of fiscal year 2024-2025. However, the company's Profit After Tax for the nine-month period has shown significant improvement and sales have surpassed the previous 12 months. Investors can monitor the company's progress in the entertainment industry.
Shalimar Productions, a microcap film production, distribution, and entertainment company, has recently announced its financial results for the quarter ending September 2024. The results, declared on November 14, 2024, have received a 'Sell' call from MarketsMOJO.

According to the financial report, Shalimar Productions has seen a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has fallen from 3 to 1 in the last three months. However, there are some positive aspects to the financials.

One of the highlights is the company's Profit After Tax (PAT) for the nine-month period, which is higher at Rs 0.39 crore compared to the preceding 12-month period ending September 2024, which was at Rs -0.27 crore. This indicates a significant improvement in the company's financials. Additionally, in the nine-month period, Shalimar Productions has already surpassed its sales from the previous 12 months.

While the overall financial performance may not be as strong as expected, the company's PAT and sales figures show promising growth. Investors and stakeholders can keep an eye on Shalimar Productions as it continues to make strides in the film production and entertainment industry.
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