Colab Cloud Platforms Reports Significant Sales Growth and Highest PAT in Five Quarters
Colab Cloud Platforms has announced its financial results for the quarter ending December 2024, revealing net sales of Rs 37.41 crore for the half-year, a substantial year-on-year growth. The profit after tax reached Rs 0.92 crore, marking the highest in five quarters, indicating strong financial momentum.
Colab Cloud Platforms, a microcap company in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a notable shift in the company's evaluation, with its score reflecting a significant adjustment over the past three months.The financial data reveals that Colab Cloud achieved net sales of Rs 37.41 crore for the half-year period, marking a remarkable year-on-year growth of 2,777.69%. This performance not only highlights a strong sales trend but also indicates that the company has surpassed its sales figures from the previous twelve-month period, which stood at Rs 12.60 crore.
Additionally, the profit after tax (PAT) for the quarter reached Rs 0.92 crore, representing the highest figure recorded in the last five quarters. This positive trend in PAT further underscores the company's financial momentum.
Overall, Colab Cloud Platforms has demonstrated significant progress in its financial performance, leading to a revision in its score.
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