Facor Alloys Reports December 2024 Results Highlighting Profit Growth Amid Liquidity Concerns

Facor Alloys, a microcap player in the Ferro & Silica Manganese industry, recently announced its financial results for the quarter ending December 2024. The company reported a notable shift in its financial score, reflecting a significant adjustment in evaluation over the past three months.
The financial results indicate a remarkable growth in Profit After Tax (PAT), which reached Rs 5.36 crore, marking a substantial increase compared to the average PAT of Rs -1.12 crore from the previous four quarters. This positive trend in PAT suggests a favorable near-term outlook for the company's profitability.

However, not all aspects of Facor Alloys' financial performance are encouraging. The Earnings per Share (EPS) has reached its lowest point at Rs -1.59 over the last five quarters, indicating challenges in generating earnings for shareholders. Additionally, the company's cash and cash equivalents have fallen to Rs 0.09 crore, the lowest in the last six half-yearly periods, pointing to concerns regarding short-term liquidity. Furthermore, the Debtors Turnover Ratio has also declined to 0.15 times, reflecting a slower pace in settling debts.

Overall, Facor Alloys' recent financial results showcase a complex picture of growth and challenges.

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