Edvenswa Enterprises Reports Strong Growth in December 2024 Financial Results Amid Liquidity Concerns

Edvenswa Enterprises, a microcap player in the electronics components industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 14, 2025, indicate a notable shift in the company's evaluation, with its score rising to 24 from 13 over the past three months.
The financial performance showcases several positive trends. Net sales reached Rs 38.07 crore, reflecting a significant year-on-year growth of 85.26%. Additionally, profit before tax less other income stood at Rs 4.63 crore, marking a year-on-year increase of 72.12%. The profit after tax also reached a record high of Rs 3.25 crore, growing by 56.4% year-on-year. Operating profit was reported at Rs 4.88 crore, the highest in the last five quarters, indicating a strong operational performance. Furthermore, the debtors turnover ratio improved to 6.46 times, suggesting enhanced efficiency in settling receivables.

However, the financial results also highlight a concern, as cash and cash equivalents fell to Rs 3.90 crore, the lowest in the last six half-yearly periods, indicating challenges in short-term liquidity.

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