Authum Investment & Infrastructure Reports Significant Declines in Q3 FY24-25 Financial Results

Jan 16 2025 08:16 AM IST
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Authum Investment & Infrastructure has announced its financial results for Q3 FY24-25, revealing a challenging period marked by declines in net sales, Profit Before Tax, and Profit After Tax. The operating profit reached its lowest in five quarters, alongside a significant drop in earnings per share.
Authum Investment & Infrastructure has recently disclosed its financial results for the third quarter of FY24-25, which reflect a challenging landscape for the company. The report, released on January 15, 2025, highlights a significant contraction in net sales, which totaled Rs 616.94 crore. This figure represents a notable shift from the average net sales of Rs 1,134.89 crore observed over the previous four quarters.

In addition to net sales, the company reported a decline in Profit Before Tax (PBT), which stood at Rs 610.97 crore, contrasting with the average PBT of Rs 1,037.94 crore from prior quarters. Profit After Tax (PAT) also saw a reduction, recorded at Rs 539.41 crore, compared to an average of Rs 1,019.47 crore in earlier periods.

The operating profit (PBDIT) reached its lowest level in five quarters, amounting to Rs 623.99 crore. Furthermore, earnings per share (EPS) fell to Rs 31.77, marking a significant low over the last five quarters. These results indicate a period of difficulty for Authum Investment & Infrastructure, characterized by negative trends across various financial metrics.

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