Banswara Syntex Reports Strong Q4 Growth Amid Rising Interest Expenses

Banswara Syntex, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The company has experienced a notable adjustment in its evaluation, with its score shifting to -2 from -14 over the past three months.
The financial data reveals several positive trends for Banswara Syntex. The Profit Before Tax (PBT) has reached Rs 11.15 crore, reflecting a significant growth compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) stands at Rs 10.14 crore, marking a substantial increase over the prior averages. The operating profit has also reached its highest level in the last five quarters at Rs 33.65 crore, indicating improved operational efficiency, as evidenced by an operating profit margin of 9.93%.

However, the company faces challenges as well. Interest expenses have risen to Rs 10.80 crore, the highest in the last five quarters, suggesting an increase in borrowings and associated costs.

Overall, Banswara Syntex's recent financial results highlight a mix of positive operational metrics alongside rising financial costs.

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