Hiliks Technologies Reports Increased Profit Amidst Flat Financial Performance in December 2024

Feb 13 2025 10:07 PM IST
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Hiliks Technologies has announced its financial results for the quarter ending December 2024, revealing an increase in Profit After Tax for the nine-month period. The company has also outperformed last year's sales figures, although the overall financial performance for the quarter remains flat, indicating a complex financial landscape.
Hiliks Technologies, a microcap company in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 13, 2025, indicate a notable shift in the company's evaluation, with the score adjusting from 3 to 1 over the past three months.

The financial data reveals that the Profit After Tax (PAT) for the nine-month period has shown an increase, reaching Rs 0.44 crore compared to Rs 0.05 crore in the preceding twelve months. Additionally, the company has surpassed its previous year's sales figures within this nine-month timeframe, suggesting a positive trend in revenue generation.

Despite the changes in evaluation, the overall financial performance for the quarter has been characterized as flat. This indicates a complex landscape for Hiliks Technologies as it navigates its current financial standing.

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