Are Alicon Cast. latest results good or bad?
In terms of interest expenses, there was a rise to Rs 12.34 crore, reflecting a 17.08% increase quarter-over-quarter, which suggests a rise in borrowing costs for the company.
On a quarterly basis, the company reported an 8.27% growth in net sales compared to the previous quarter, which had a decline of 15.45%. Additionally, the consolidated net profit showed a significant change, with a reported growth of 1,108.97% compared to a substantial decline in the previous quarter.
Overall, the company saw an adjustment in its evaluation, reflecting the mixed operational trends observed in its latest financial results.
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