Alankit Reports Mixed Q3 Results with Strong PBT Growth Amid PAT Decline

Alankit, a microcap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a mixed performance, with notable shifts in various financial metrics.
The company's Profit Before Tax (PBT) has shown significant growth, reaching Rs 2.89 crore, reflecting a year-on-year increase of 158.04%. This positive trend in PBT suggests a robust near-term outlook for operational profitability. Additionally, net sales for the quarter stood at Rs 72.77 crore, marking a year-on-year growth of 38.32%, indicating a favorable sales trajectory.

Conversely, the Profit After Tax (PAT) has experienced a decline, reported at Rs 5.09 crore, which represents a year-on-year decrease of 37.4%. This decline raises concerns about the sustainability of earnings. Furthermore, a substantial portion of the company's income, 40.29% of PBT, is derived from non-operating activities, which may not support long-term growth.

In light of these developments, Alankit has undergone an adjustment in its evaluation, reflecting the complexities of its financial landscape.

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