Artefact Projects Reports Strong Financial Growth Amid Concerns Over Non-Operating Income Reliance in March 2025

Artefact Projects, a microcap company in the Commercial Services & Supplies industry, has reported its financial results for the quarter ending March 2025. The results indicate a significant shift in the company's evaluation, with a notable adjustment in its score over the past three months. The financial performance showcases a robust growth trajectory. The Profit After Tax (PAT) reached Rs 2.84 crore, reflecting a substantial increase compared to the average of the previous four quarters. Additionally, net sales for the latest six months amounted to Rs 20.07 crore, demonstrating a year-on-year growth. The operating profit also marked a high of Rs 2.30 crore, continuing a positive trend over the last five quarters. Furthermore, the Profit Before Tax (PBT) reached its peak at Rs 1.78 crore, indicating a consistent upward movement. However, it is important to note that a significant portion of the PBT, approximately 39.25%, is derived from non-operating income. This reliance on income from non-business activities raises questions about the sustainability of the company's business model. Overall, Artefact Projects has experienced a revision in its score, reflecting the underlying trends in its financial performance. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.