Are Haryana Capfin latest results good or bad?
Haryana Capfin's latest results show a mixed performance: net sales declined by 10% compared to the previous quarter, but standalone net profit grew by 16.67%. However, for the nine-month period, the company reported a significant year-on-year increase in Profit After Tax of 87.69%, indicating strong profitability despite sales challenges.
Haryana Capfin has released its financial results for the quarter ending March 2025, which present a mixed picture of its operational performance. The company reported a flat financial performance overall, with a noted adjustment in its evaluation over the past three months.In terms of specific metrics, the net sales for the quarter showed a decline of 10% compared to the previous quarter, indicating challenges in revenue generation. However, the standalone net profit demonstrated a growth of 16.67% from the previous quarter, suggesting some resilience in profitability despite the sales downturn.
Additionally, for the nine-month period, Haryana Capfin reported a significant increase in Profit After Tax (PAT), reaching Rs 5.03 crore, which reflects an impressive year-on-year growth of 87.69%. This figure surpasses the total PAT reported in the preceding twelve months, highlighting the company's ability to achieve substantial growth within a shorter timeframe.
Overall, while Haryana Capfin faces certain operational challenges as indicated by its sales figures, it has also achieved notable success in profitability for the nine-month period, showcasing a complex financial landscape.
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