Him Teknoforge Reports Mixed Financial Results Amid Sales Decline and Profit Growth in February 2025
Him Teknoforge has announced its financial results for the quarter ending December 2024, revealing a significant year-on-year growth in Profit After Tax at Rs 3.46 crore. However, the company reported a decline in net sales, totaling Rs 87.93 crore, compared to the previous four quarters.
Him Teknoforge, a microcap player in the auto ancillary industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a mixed performance for the company. On a positive note, the Profit After Tax (PAT) for the half-year period stands at Rs 3.46 crore, reflecting a significant year-on-year growth of 73.87%. This upward trend in PAT suggests a favorable near-term outlook for profitability.
Conversely, the company has faced challenges in its net sales performance. The quarterly net sales amounted to Rs 87.93 crore, which represents a decline compared to the average net sales of the previous four quarters, recorded at Rs 97.03 crore. This indicates a negative trend in sales performance in the near term.
In light of these developments, Him Teknoforge has experienced an adjustment in its evaluation, with its score reflecting recent changes.
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