Shankar Lal Rampal Dye-Chem Reports Positive Financial Performance in Q1 FY25
Shankar Lal Rampal Dye-Chem, a microcap trading company, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.
According to the financial report, Shankar Lal Rampal Dye-Chem has shown a flat performance in the quarter, but there has been a significant improvement in the last three months with a score of 2 compared to -3 previously.
One of the key factors contributing to this improvement is the company’s Profit After Tax (PAT) for the half-yearly period, which has grown by 79.57% year on year, reaching Rs 4.13 crore. This is a positive trend for the company in the near term. Additionally, the company’s Earnings per Share (EPS) for the quarter have also shown a significant increase, reaching the highest at Rs 2.73 in the last five quarters. This indicates a growing profitability and higher earnings for shareholders.
Overall, Shankar Lal Rampal Dye-Chem has shown a positive financial performance in the quarter ending March 2024. With a ‘Hold’ call from MarketsMOJO, investors may want to keep an eye on the company’s future developments.
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