Zenith Exports Reports Growth in Net Sales, But Decline in Efficiency and Profitability

May 30 2024 04:45 PM IST
share
Share Via
Zenith Exports has reported a 39.05% increase in net sales for the half-year period ending March 2024. However, the company's operating profit and profit before tax have shown a negative trend, resulting in a decline in earnings per share. MarketsMojo has given a 'Sell' call for the company's stock.

Despite a flat financial performance in the quarter ending March 2024, Zenith Exports has shown growth in its net sales for the half-year period. The company has reported a 39.05% increase in net sales compared to the same period last year. This positive trend in sales is expected to continue in the near term.

However, the company's operating profit for the quarter has been the lowest in the last five quarters, with a negative trend in the near term. This has also affected the operating profit margin, which has decreased to -6.04%. This indicates a decline in the company's efficiency.

Moreover, Zenith Exports has also reported a negative trend in its profit before tax, which has been the lowest in the last five quarters. This has resulted in a decline in earnings per share, indicating lower profitability for shareholders.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Zenith Exports' stock. Investors should carefully consider these factors before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Why is Zenith Exports falling/rising?
Dec 05 2025 12:56 AM IST
share
Share Via
How has been the historical performance of Zenith Exports?
Nov 21 2025 10:44 PM IST
share
Share Via
Why is Zenith Exports falling/rising?
Nov 19 2025 10:25 PM IST
share
Share Via