Are Acme Resources latest results good or bad?
Acme Resources' latest results show a flat quarterly performance but a significant year-on-year increase in Profit After Tax, up 956% to Rs 2.64 crore over nine months. While quarterly net sales and profit improved, ongoing analysis is needed to assess future performance.
Acme Resources has released its financial results for the quarter ending March 2025, showing a flat performance in comparison to the previous quarter, with no significant changes observed. However, when looking at the nine-month figures, the company has reported a substantial increase in Profit After Tax (PAT), reaching Rs 2.64 crore, which reflects a remarkable year-on-year growth of 956% compared to Rs 1.15 crore in the prior twelve-month period.For the quarterly results, the net sales demonstrated a year-on-year growth of 166.85%, contrasting with a decline of 91.06% in the same quarter of the previous year. The consolidated net profit also showed a year-on-year improvement of 61.11%, compared to a negative growth of 115.24% in March 2024. Additionally, the operating profit margin (excluding other income) has shown a notable change, moving from a negative margin of -6.52% in March 2024 to a more favorable position.
Despite the positive trends in PAT and sales over the nine-month period, the company has experienced an adjustment in its evaluation. This highlights the need for ongoing analysis of Acme Resources' future performance and operational trajectory.
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