HMA Agro Industries Limited — Important, 11-11-2024: Financial Result Updates

HMA Agro Industries Ltd. reports consolidated revenue of ₹147.80 crore for the quarter ended September 30, 2024, reflecting a strong year-on-year growth, driven by robust demand for frozen meat products. Net profit stood at ₹132 crore, a year-over-year increase, translating to an EPS of ₹2.64. Operational costs increased by 2% due to higher raw material prices but remain controlled owing to effective cost management strategies. The balance sheet shows total assets of ₹19,694.77 crore, with a healthy equity base of ₹7,765.64 crore. While cash flow from operating activities was negative, it indicates significant investment in working capital. The strategic focus appears to be on expanding production capabilities. Overall, consider this stock a **buy** due to its growth potential and solid market position.