Devine Impex Reports Stable Q3 FY24-25 Results Amid Evaluation Adjustment

Jan 27 2025 03:32 PM IST
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Devine Impex has announced its financial results for the quarter ending January 2025, showing stable performance in FY24-25. The company reported a Profit After Tax of Rs 0.04 crore for the nine months ending December 2024, exceeding the previous year's figures, alongside improved sales activity.
Devine Impex, a microcap player in the Diamond & Gold Jewellery industry, has recently reported its financial results for the quarter ending in January 2025. The results indicate a stable financial performance for the third quarter of FY24-25. However, there has been an adjustment in evaluation, with the score reflecting a shift from 3 to 2 over the past three months.

In terms of profitability, the company reported a Profit After Tax (PAT) of Rs 0.04 crore for the nine-month period ending December 2024, which is higher than the Rs 0.02 crore recorded in the previous twelve months. Notably, during this nine-month timeframe, Devine Impex has surpassed its total sales from the preceding year, showcasing a positive trend in sales activity.

Overall, while the evaluation changes suggest a need for closer scrutiny, the financial results highlight some positive developments in profitability and sales performance for Devine Impex.

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