Advait Infratech Reports Impressive Growth in Q4 Financial Results

Feb 12 2024 06:00 PM IST
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Advait Infratech, a smallcap company in the power generation and distribution industry, has reported its financial results for the quarter ending December 2023. The company's net sales, PBT, and PAT have shown significant growth compared to the previous four quarters, indicating a positive trend in its near-term performance. The company's profitability and earnings per share have also improved, showcasing its commitment to creating value for shareholders.
Advait Infratech, a smallcap company in the power generation and distribution industry, has recently declared its financial results for the quarter ending December 2023. According to the report released on February 12, 2024, the company's net sales for the quarter were Rs 72.51 crore, showing a significant growth of 125.7% compared to the average net sales of the previous four quarters, which stood at Rs 32.13 crore. This indicates a very positive trend in the company's near-term sales performance.

The company's profit before tax less other income (PBT) for the quarter was Rs 9.66 crore, which is a growth of 151.1% over the average PBT of the previous four quarters, which was Rs 3.85 crore. This also reflects a very positive trend in the company's near-term PBT performance.

Similarly, the company's profit after tax (PAT) for the quarter was Rs 7.73 crore, showing a growth of 153.9% over the average PAT of the previous four quarters, which was Rs 3.05 crore. This further reinforces the positive trend in the company's near-term PAT performance.

In fact, the company's net sales for the quarter were the highest in the last five quarters, and the operating profit (PBDIT) for the quarter was also the highest in the last five quarters at Rs 12.20 crore. This indicates a positive trend in the company's near-term operating profit performance.

Moreover, the company's PBT and PAT for the quarter were also the highest in the last five quarters, at Rs 9.66 crore and Rs 7.73 crore respectively. This shows that the company is continuously improving its profitability and creating higher earnings for its shareholders, with the earnings per share (EPS) for the quarter being the highest in the last five quarters at Rs 7.58.

Overall, the financial results for the quarter ending December 2023 show a very positive trend for Advait Infratech, with significant growth in net sales, PBT, and PAT. This indicates that the company is on a path of continuous improvement and is creating value for its shareholders.
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