Endurance Technologies Reports Strong Profit Growth Amid Debtors Turnover Concerns in December 2024

Endurance Technologies, a prominent player in the Auto Ancillary industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance in terms of profitability, with Profit Before Tax (PBT) reaching Rs 224.65 crore, reflecting a year-on-year growth of 29.37%. Similarly, Profit After Tax (PAT) stood at Rs 184.39 crore, marking a year-on-year increase of 21.1%. These figures suggest a positive trend in the company's profitability metrics.
However, the financial results also highlight some challenges. The Debtors Turnover Ratio has reached its lowest point in the last five half-yearly periods, recorded at 6.55 times. This indicates a slowdown in the company's ability to settle its debtors, which could be a point of concern moving forward.

In light of these developments, Endurance Technologies has experienced an adjustment in its evaluation, with its score reflecting a change from 13 to 7 over the past three months.

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