AWFIS Space Solutions Reports Mixed Financial Results Amid Rising Interest Expenses and Non-Operating Income Concerns

Feb 12 2025 11:53 AM IST
share
Share Via
AWFIS Space Solutions has announced its financial results for the quarter ending December 2024, reporting a notable Profit After Tax of Rs 28.94 crore and record net sales of Rs 317.72 crore. However, rising interest expenses and a heavy reliance on non-operating income raise concerns about the sustainability of its financial model.
AWFIS Space Solutions has recently reported its financial results for the quarter ending December 2024, showcasing a mix of positive and challenging trends. The company achieved a significant Profit After Tax (PAT) of Rs 28.94 crore for the half-year period, reflecting a remarkable year-on-year growth. Additionally, net sales reached Rs 317.72 crore, marking the highest quarterly sales in the last five quarters, indicating a strong near-term sales trajectory.

However, the financial landscape also presents some concerns. The company's interest expenses have risen to Rs 34.94 crore, the highest in five quarters, suggesting an increase in borrowings. Furthermore, a substantial portion of the company's income is derived from non-operating activities, which accounted for 96.29% of Profit Before Tax (PBT). This reliance on non-business income raises questions about the sustainability of its financial model.

In light of these developments, AWFIS Space Solutions has experienced an adjustment in its evaluation, with its score reflecting these dynamics.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News