Arrow Greentech Reports Strong Q3 FY24-25 Results Amid Concerns Over Non-Operating Income Sustainability

Arrow Greentech, a small-cap player in the plastic products industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a very positive performance for Q3 FY24-25, showcasing significant growth across key financial metrics.
Net sales reached Rs 55.11 crore, reflecting a year-on-year growth of 121.24%. This robust sales performance suggests a favorable near-term trend. Similarly, profit before tax (PBT) stood at Rs 15.94 crore, marking an impressive year-on-year increase of 213.16%. Profit after tax (PAT) also demonstrated strong growth, amounting to Rs 12.86 crore, which is a 162.4% rise compared to the previous year.

However, it is important to note that non-operating income has peaked at Rs 1.56 crore over the last five quarters. This increase in income from non-business activities raises questions about its sustainability moving forward.

In light of these developments, Arrow Greentech has experienced an adjustment in its evaluation, with its score reflecting a shift from 29 to 27 over the past three months.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.