Shree Karthik Papers reports flat performance, slight improvement in score and increase in profits

Shree Karthik Papers, a microcap company in the paper and paper products industry, recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

According to the financial report, Shree Karthik Papers has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there has been a slight improvement in the company's score, which has increased from -9 to 0 in the last three months.

One positive aspect of the company's financials is the increase in its Half Yearly Profit After Tax (PAT). In the first half of the fiscal year, the company's PAT was recorded at Rs 0.38 crore, which is higher than the preceding 12-month period ending in September 2024, where the PAT was Rs 0.33 crore. This indicates a growth in the company's profits.

On the other hand, the company's Operating Cash Flow has been the lowest in the last three years, at Rs 2.18 crore annually. This suggests that the company's cash revenues from business operations are declining.

Despite the mixed financial performance, Shree Karthik Papers remains a microcap company in the paper and paper products industry. Investors should carefully consider the company's financials before making any investment decisions.