Delta Manufacturing Reports Mixed Financial Results with Improved Profitability Metrics in December 2024

Delta Manufacturing, a microcap player in the auto ancillary industry, recently announced its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in its score, which has transitioned from -5 to 0 over the past three months.
The financial data reveals several positive trends for Delta Manufacturing. The Profit Before Tax less Other Income (PBT) has reached Rs 3.78 crore, marking a significant growth compared to the average of the previous four quarters. Additionally, the company has reported its highest Operating Profit to Interest ratio at 0.42 times in the last five quarters, indicating an enhanced capacity to manage interest obligations. The Operating Profit (PBDIT) also peaked at Rs 0.21 crore, showcasing improved operational efficiency, while the Operating Profit Margin reached 1.39%, the highest in the same timeframe.

Conversely, challenges persist for Delta Manufacturing. The quarterly Net Sales have declined to Rs 15.11 crore, representing a decrease from the average of the previous four quarters. Furthermore, the Debt-Equity Ratio has risen to 1.88 times, suggesting an increased reliance on borrowing, which may impact liquidity. The Earnings per Share (EPS) has also fallen to Rs -5.39, indicating a decline in profitability.

For more insights on Delta Manufacturing's financial trends, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.