Harshil Agrotech Reports Strong Q2 Results with Significant Sales Growth and Profitability Gains
Harshil Agrotech has announced its financial results for the quarter ending December 2024, reporting net sales of Rs 49.78 crore for the half-year, a significant year-on-year increase. The company achieved its highest operating profit in five quarters, with profits before and after tax also reaching notable levels.
Harshil Agrotech has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in the trading industry. The company achieved net sales of Rs 49.78 crore for the half-year period, reflecting a significant year-on-year growth of 725.54%. This figure surpasses the sales recorded in the preceding twelve months, indicating a robust sales trend.In terms of profitability, Harshil Agrotech reported an operating profit (PBDIT) of Rs 5.35 crore, marking the highest level in the last five quarters. Similarly, the profit before tax (PBT) and profit after tax (PAT) both reached Rs 5.35 crore and Rs 5.48 crore, respectively, also representing the best performance in the same five-quarter timeframe. The earnings per share (EPS) stood at Rs 0.11, further highlighting the company's ability to generate higher earnings for its shareholders.
Despite these positive indicators, the evaluation of Harshil Agrotech has undergone an adjustment, with the score reflecting a change from 31 to 26 over the past three months.
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