Telogica Reports Strong Financial Performance in Q2 of FY 2024-2025

Nov 16 2024 04:36 PM IST
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Telogica, a microcap company in the telecommunication equipment industry, has announced its financial results for the quarter ending September 2024. Despite a 'Sell' call from MarketsMojo, the company has shown positive performance with a 72.46% increase in net sales and a higher Profit After Tax of Rs 1.07 crore.
Telogica, a microcap company in the telecommunication equipment industry, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Sell' call by MarketsMOJO.

Despite this, Telogica has shown positive financial performance in the second quarter of the fiscal year 2024-2025. The company's score has remained consistent over the past three months.

According to the September 2024 financials, Telogica has seen a significant growth in its net sales, which have reached Rs 7.64 crore, a 72.46% increase compared to the same period last year. This indicates a very positive sales trend in the near term.

Moreover, the company's Profit After Tax (PAT) for the half-yearly period is higher at Rs 1.07 crore, compared to the previous 12 months ending in September 2024, which was Rs 0.84 crore. This shows a strong performance by Telogica, as it has already surpassed its PAT for the entire previous year in just six months.

Overall, Telogica's financial results for the quarter ending September 2024 reflect a promising growth trajectory for the company. Investors and stakeholders can look forward to continued positive performance from this microcap company in the telecommunication equipment industry.
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