Eurotex Industries Reports Mixed Q4 Results Amidst Textile Industry Challenges
Eurotex Industries and Exports has announced its financial results for the quarter ending December 2024, revealing a mixed performance. While Profit After Tax and Earnings per Share reached their highest levels in five quarters, Operating Profit and Profit Before Tax fell to their lowest, indicating challenges in profitability.
Eurotex Industries and Exports has released its financial results for the quarter ending December 2024, showcasing a mixed performance within the textile industry. The company's Profit After Tax (PAT) reached Rs -0.77 crore, marking the highest figure in the last five quarters, indicating a positive trend in the near term. Additionally, the Earnings per Share (EPS) stood at Rs -0.88, also the highest in the same timeframe, suggesting an increase in profitability and enhanced earnings for shareholders.Conversely, the company faced challenges with its Operating Profit (PBDIT), which recorded a low of Rs -1.85 crore, the lowest in the past five quarters, reflecting a negative trend in this area. Similarly, the Profit Before Tax less Other Income (PBT) was at Rs -3.12 crore, also the lowest in the last five quarters, indicating difficulties in maintaining profitability.
Overall, Eurotex Industries and Exports has experienced evaluation changes in its financial metrics, with a stable score over the last three months.
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