Pentagon Rubber Limited — Important, 13-11-2024: Financial Result Updates

**Financial Results Summary**

Pentagon Rubber Limited has announced a board meeting and reported consolidated financials for the half-year ended September 30, 2024. The total revenue stands at ₹24.47 crore, reflecting a slight decrease of 15.08% compared to the previous half-year, primarily due to reduced operational sales. Net profit for this period is ₹0.93 crore, down from ₹2.46 crore year-on-year, resulting in Earnings Per Share (EPS) of ₹1.20.

Operational costs decreased by 8.54%, with significant reductions in material costs and employee expenses, indicating improved cost efficiency despite the decline in revenue. The balance sheet shows a healthy cash position, albeit cash and cash equivalents dropped to ₹6.51 crore from ₹11.28 crore.

The company continues to focus on operational improvements with strategic emphasis on cost control and market expansion. Given the current financial performance and effective cost management, a hold stance is recommended as the company navigates market fluctuations and seeks growth opportunities.