Citadel Realty Reports Strong Financial Performance in December 2024 Results
Citadel Realty & Developers announced its financial results for the quarter ending December 2024, revealing significant performance improvements. The company reported its highest operating profit, profit before tax, and profit after tax in five quarters, alongside an earnings per share of Rs 0.43, indicating enhanced profitability.
Citadel Realty & Developers has recently reported its financial results for the quarter ending December 2024, with the announcement made on February 14, 2025. The company operates within the construction and real estate sector and is categorized as a microcap entity.The financial results indicate that Citadel Realty has achieved notable performance metrics for the quarter. The operating profit reached Rs 0.83 crore, marking the highest level in the last five quarters. Similarly, profit before tax (PBT) also peaked at Rs 0.45 crore, while profit after tax (PAT) was recorded at Rs 0.34 crore, both representing the best figures in the same five-quarter timeframe. Additionally, earnings per share (EPS) stood at Rs 0.43, reflecting an upward trend in profitability and enhanced earnings for shareholders.
In light of these developments, there has been an adjustment in evaluation, with the score moving to 2 from -7 over the past three months. This revision highlights the company's recent performance trajectory and its operational achievements.
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