DMCC Speciality Chemicals Reports Strong December 2024 Results, Adjusts Evaluation Amid Growth

DMCC Speciality Chemicals has recently reported its financial results for the quarter ending December 2024, showcasing a remarkable performance that has led to an adjustment in its evaluation. The company's Profit Before Tax less Other Income (PBT) reached Rs 10.95 crore, reflecting a substantial year-on-year growth. Similarly, Profit After Tax (PAT) also demonstrated significant growth, amounting to Rs 7.87 crore for the quarter. Net sales for DMCC Speciality Chemicals hit a record high of Rs 118.04 crore, marking a notable increase compared to previous periods. The operating profit margin has also shown improvement, reaching 15.02%, indicating enhanced efficiency in operations. Additionally, the company's debt-equity ratio has decreased to 0.28 times, suggesting a reduction in borrowing relative to equity capital. While there are positive trends in various financial metrics, the Debtors Turnover Ratio has shown a decline, indicating a slower pace in settling debts. Overall, the financial results reflect a strong performance for DMCC Speciality Chemicals, leading to a revision in its score. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.