Shankar Lal Rampal Dye-Chem Reports Positive Financial Results for Q1 2024

May 23 2024 06:40 PM IST
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Shankar Lal Rampal Dye-Chem, a microcap trading company, has reported a flat performance in the quarter ending March 2024. However, there has been an improvement in the overall score and a significant increase in Profit After Tax (PAT) and Earnings per Share (EPS). This indicates a positive trend for the company in the near term.
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 an improvement in the overall score from -3 to 2 in the last three months. This indicates a positive trend for the company.

One of the key highlights of the financial report is the growth in Profit After Tax (PAT) for the half-yearly period. The company has recorded a PAT of Rs 4.13 crore, which is a significant increase of 79.57% compared to the same period last year. This shows a strong and positive trend in the near term for the company.

Another positive aspect of the financial report is the company's Earnings per Share (EPS) for the quarter, which is the highest in the last five quarters at Rs 2.73. This indicates that the company has been able to increase its profitability and generate higher earnings for its shareholders.

Overall, the financial results for the quarter ending March 2024 show a positive trend for Shankar Lal Rampal Dye-Chem. The company has been able to improve its financial performance and create value for its shareholders.
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