Hindustan Aeronautics Reports Strong PAT Growth and Improved Debtors Turnover in December 2024 Results

Feb 12 2025 03:56 PM IST
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Hindustan Aeronautics has announced its financial results for the quarter ending December 2024, showcasing a significant increase in Profit After Tax, reaching Rs 4,383.07 crore, up 32.33% year on year. The Debtors Turnover Ratio improved to 6.88 times, indicating effective receivables management.
Hindustan Aeronautics, a prominent player in the defence industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a positive trajectory in certain key metrics, particularly in Profit After Tax (PAT), which reached Rs 4,383.07 crore, reflecting a growth of 32.33% year on year. This robust performance suggests a strengthening in the company's profitability over the nine-month period.

Additionally, the Debtors Turnover Ratio has shown notable improvement, achieving a high of 6.88 times over the last five half-yearly periods. This indicates that Hindustan Aeronautics has been effective in managing its receivables, allowing for quicker settlements with debtors.

However, it is important to note that the overall evaluation of the stock has undergone an adjustment, with the score reflecting a shift from 11 to 6 over the past three months. This revision in its score highlights the dynamic nature of the company's financial standing and market conditions.

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