Spenta Intl. Reports Positive Q2 Results, Operating Cash Flow at Record High

Spenta International, a microcap company in the textile industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Spenta Intl. has shown a positive performance in the second quarter of the fiscal year 2024-25. In the last three months, the company's score has improved from 1 to 13.

One of the key factors contributing to this positive performance is the company's operating cash flow, which has been consistently growing over the past three years and is currently at its highest at Rs 3.12 crore annually. This indicates that the company has been able to generate higher cash revenues from its business operations.

In terms of net sales, Spenta Intl. has seen a significant growth of 51.5% in the last quarter, with net sales of Rs 13.57 crore. This is a positive trend for the company, as it has been able to maintain a high level of net sales in the last five quarters.

The company's operating profit (PBDIT) has also been consistently increasing, with the highest recorded at Rs 1.37 crore in the last five quarters. Similarly, the profit before tax (PBT) and profit after tax (PAT) have also shown an upward trend, with the highest recorded at Rs 0.65 crore and Rs 0.81 crore respectively in the last five quarters.

Moreover, Spenta Intl. has also been able to create higher earnings for its shareholders, with the earnings per share (EPS) reaching its highest at Rs 2.93 in the last five quarters. Additionally, the company has a high dividend payout ratio of 25.10%, indicating that it is distributing a higher proportion of its profits as dividends to its shareholders.

Overall, Spenta International's financial results for the quarter ending September 2024 show a positive trend and reflect the company's strong performance in the textile industry. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this microcap company for potential growth opportunities in the future.