Coromandel Engineering Reports Highest Operating Profit Amid Declining Net Sales for Q4 2024
Coromandel Engineering Company has announced its financial results for the quarter ending December 2024, highlighting its highest operating profit and profit after tax in five quarters. However, net sales have declined significantly, marking the lowest level in the same period, indicating mixed operational performance.
Coromandel Engineering Company, operating within the Capital Goods sector, has recently reported its financial results for the quarter ending December 2024. The company has experienced a notable shift in its evaluation, with its score adjusting to -9 from -13 over the past three months.In terms of operational performance, Coromandel Engineering has achieved its highest operating profit in the last five quarters, reaching Rs 1.31 crore, alongside an operating profit margin of 19.61%, indicating enhanced efficiency. Additionally, the profit before tax has also reached a peak of Rs 0.53 crore, while profit after tax has hit Rs 0.67 crore, both marking the highest figures in the last five quarters. The earnings per share have similarly shown positive movement, standing at Rs 0.20.
Conversely, the company has faced challenges with net sales, which have fallen to Rs 6.68 crore, representing a significant decline compared to the average net sales of the previous four quarters. This figure is also the lowest recorded in the last five quarters, reflecting a negative trend in sales performance.
For further insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
