Ecos (India) Mobility Reports December 2024 Results Amid Mixed Travel Industry Performance

Feb 12 2025 05:49 PM IST
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Ecos (India) Mobility & Hospitality announced its financial results for the quarter ending December 2024, showcasing a mixed performance. While net sales reached Rs 168.25 crore, the company faced challenges in profitability, with a decline in Profit After Tax and the lowest Profit Before Tax in five quarters.
Ecos (India) Mobility & Hospitality has recently reported its financial results for the quarter ending December 2024, revealing a mixed performance within the travel services industry. The company achieved net sales of Rs 168.25 crore, marking the highest figure in the last five quarters, indicating a positive near-term sales trend. However, the financial results also highlight challenges, particularly in profitability metrics.

The Profit After Tax (PAT) for the quarter stood at Rs 12.78 crore, reflecting a decline of 16.7% compared to the average PAT of the previous four quarters, which was Rs 15.35 crore. This suggests a negative near-term trend in profitability. Additionally, the Profit Before Tax (PBT) was recorded at Rs 15.55 crore, the lowest in the last five quarters, further emphasizing the challenges faced by the company. The Earnings per Share (EPS) also reached a low of Rs 2.13, indicating a decline in profitability and lower earnings for shareholders.

In light of these results, Ecos (India) has experienced an adjustment in its evaluation, with the score reflecting recent performance changes.

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