EFC (I) Reports Strong Q3 FY24-25 Growth Amid Rising Interest Expenses

Jan 24 2025 09:47 AM IST
share
Share Via
EFC (I) reported its third-quarter FY24-25 financial results on January 23, 2025, highlighting significant growth in key metrics. Profit Before Tax reached Rs 48.01 crore, while Profit After Tax rose to Rs 37.94 crore. Net sales hit a record Rs 177.24 crore, although interest expenses increased to Rs 18.38 crore.
EFC (I), a small-cap trading company, has recently reported its financial results for the third quarter of FY24-25, showcasing notable growth across several key metrics. The company announced its results on January 23, 2025, revealing that Profit Before Tax (PBT) reached Rs 48.01 crore, reflecting a significant change compared to the average PBT of Rs 31.26 crore over the previous four quarters. Similarly, Profit After Tax (PAT) rose to Rs 37.94 crore, indicating a substantial shift from the average PAT of Rs 22.14 crore.

Net sales also achieved a record high of Rs 177.24 crore, marking a considerable change over the average net sales of Rs 133.44 crore in the prior four quarters. Operating Profit (PBDIT) reached Rs 92.65 crore, the highest recorded in the last five quarters, suggesting a favorable trend in operational efficiency.

Despite these positive developments, EFC (I) is encountering challenges, particularly with interest expenses, which surged to Rs 18.38 crore, reflecting a significant adjustment compared to previous periods. This increase in interest costs, along with a declining Operating Profit to Interest ratio of 5.04 times, indicates a shift in the financial landscape that the company must navigate.

For those interested in further insights, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News