Alpine Housing Reports Strong Financial Growth in December 2024 Results

Feb 13 2025 10:17 PM IST
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Alpine Housing Development Corporation has announced its financial results for the quarter ending December 2024, showcasing significant growth. Net sales reached Rs 22.24 crore, with profit before tax at Rs 2.09 crore and profit after tax at Rs 1.71 crore, reflecting improved performance across key metrics.
Alpine Housing Development Corporation, operating in the construction and real estate sector, 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 evaluation, with a score adjustment reflecting a change from -11 to 16 over the past three months.

The financial data reveals that net sales reached Rs 22.24 crore, marking a significant growth compared to the previous four-quarter average of Rs 12.30 crore. This quarter also saw profit before tax (PBT) at Rs 2.09 crore, which is a substantial increase over the average PBT of Rs 0.88 crore from the prior four quarters. Similarly, profit after tax (PAT) stood at Rs 1.71 crore, up from an average of Rs 0.75 crore in the previous periods.

Additionally, the operating profit (PBDIT) was recorded at Rs 2.91 crore, the highest in the last five quarters. The earnings per share (EPS) also reached a peak of Rs 0.99, indicating enhanced profitability for shareholders. These results suggest a positive trajectory for Alpine Housing based on the recent financial performance.

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