ABM Knowledgeware Reports Strong Financial Growth and Improved Efficiency in February 2025 Results

Feb 14 2025 10:38 AM IST
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ABM Knowledgeware has announced its financial results for the quarter ending December 2024, highlighting a significant increase in profit before tax and net sales. The company reported a profit after tax of Rs 7.31 crore for the half-year, with net sales reaching Rs 28.24 crore, reflecting improved operational efficiency.
ABM Knowledgeware, a microcap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable shift in the company's financial standing, as reflected in the evaluation changes observed over the past three months.

The company reported a profit before tax less other income (PBT) of Rs 6.35 crore, showcasing significant growth compared to the average PBT of Rs 3.30 crore from the previous four quarters. This positive trend is further supported by a profit after tax (PAT) of Rs 7.31 crore for the half-year period, marking a year-on-year growth of 21.43%.

In terms of sales, ABM Knowledgeware achieved its highest quarterly net sales in the last five quarters, totaling Rs 28.24 crore, which represents a growth of 23.5% over the average net sales of Rs 22.87 crore from the previous four quarters. Additionally, the operating profit reached Rs 8.28 crore, the highest in the same timeframe, with an operating profit margin of 29.32%, indicating improved efficiency.

Overall, these financial results reflect a positive trajectory for ABM Knowledgeware, leading to a revision in its score.

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