Comfort Commotrade Q1 Results Profit After Tax Reaches ₹695.01 Lakhs, Net Sales Increase to ₹1,003.79 Lakhs

Comfort Commotrade Q1 Results: Comfort Commotrade announced its Q1 financial results for the fiscal year 2024-2025 on August 9, 2024. The company reported a significant increase in its net sales, reaching ₹1,003.79 lakhs for the quarter ended June 30, 2024.

Despite the rise in sales, the company experienced a decrease in profit from derivatives and non-delivery trading, which fell from ₹-3.28 lakhs in Q4 2023-2024 to ₹-29.48 lakhs in Q1 2024-2025.

In terms of profitability, Comfort Commotrade saw a dramatic improvement year-over-year, with a profit after tax of ₹695.01 lakhs for Q1 2024-2025, a substantial increase from ₹9.17 lakhs in the same quarter last year, marking an impressive growth of approximately 7,583%.

This sharp rise in profit is attributed to better operational efficiency and increased brokerage income. The company’s earnings per share (EPS) also saw a significant boost, standing at ₹6.94 compared to ₹0.09 in the previous year, highlighting a strong financial performance for the quarter.

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Comfort Commotrade Q1 Results 2024 - 2025

Here are the key highlights from Comfort Commotrade’s Q1 financial results for 2024-2025:

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Comfort Commotrade Current Market Overview

As of now, Comfort Commotrade’s stock is trading at ₹35.0, which is down by 3.13%. The company's market capitalization stands at ₹35.1 crore. The stock has seen a high of ₹41.0 and a low of ₹16.0 over its trading period.

With a low Price-to-Earnings (P/E) ratio of 1.47 and a high Return on Capital Employed (ROCE) of 50.0%, it reflects strong profitability and efficient use of capital. The Return on Equity (ROE) is also notable at 43.8%. Currently, the company does not offer a dividend, and the book value per share is ₹46.4.

Quarterly Results

Here is a summary of Comfort Commotrade’s quarterly results for December 2023, March 2024, and June 2024:

About Comfort Commotrade

Comfort Commotrade is a commodity broking company based in Mumbai, Maharashtra. Established in 2007 and listed as a public company in 2012, it operates in various commodity markets, including bullion, energy, metals, food grains, spices, and oil.

The company is a member of major commodity exchanges like NCDEX and MCX. Comfort Commotrade offers a range of financial services through its group companies, focusing on customer service, ethical practices, and advanced technology to provide cost-effective solutions and valuable investment opportunities.

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