Amines & Plasticizers Reports Highest Net Sales in Five Quarters Amid Score Revision
Amines & Plasticizers has announced its financial results for the quarter ending December 2024, highlighting its highest net sales in five quarters at Rs 190.79 crore. The company also reported a low debt-equity ratio of 0.34, indicating effective management of financial leverage despite a recent score adjustment.
Amines & Plasticizers, a small-cap player in the chemicals 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 evaluation, with its score adjusting from 7 to 2 over the past three months.The financial data reveals some positive aspects for Amines & Plasticizers. The company has achieved its highest net sales in the last five quarters, reaching Rs 190.79 crore, suggesting a favorable near-term sales trend. Additionally, the debt-equity ratio stands at a low 0.34 times, reflecting a consistent reduction in borrowing relative to equity capital over the last five half-year periods. This trend indicates a strategic approach to managing financial leverage.
Overall, while the score reflects a revision in its assessment, the underlying financial metrics present a mixed picture for Amines & Plasticizers.
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