Coral Laboratories Reports Strong Financial Growth in December 2024 Results
Coral Laboratories has announced its financial results for the quarter ending December 2024, showcasing significant growth. Profit Before Tax reached Rs 5.79 crore, while Profit After Tax was Rs 6.14 crore. Net sales totaled Rs 22.99 crore, indicating positive trends in profitability and operational effectiveness.
Coral Laboratories, a microcap company in the Pharmaceuticals & Drugs industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable shift in the company's evaluation, with its score rising to 21 from 17 over the past three months.The financial data reveals significant growth in key metrics. Profit Before Tax (PBT) reached Rs 5.79 crore, reflecting a substantial year-on-year increase of 259.63%. Similarly, Profit After Tax (PAT) stood at Rs 6.14 crore, marking a year-on-year growth of 177.7%. Additionally, net sales for the quarter amounted to Rs 22.99 crore, which represents a year-on-year increase of 27.16%.
These results suggest a robust performance for Coral Laboratories in the recent quarter, highlighting positive trends in profitability and sales. The adjustments in evaluation reflect the company's current financial standing and operational effectiveness.
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