Inox India Reports Strong Q3 Results with Highest Sales and Profit in Five Quarters
Inox India has announced its financial results for the quarter ending December 2024, showcasing strong performance with net sales of Rs 333.63 crore and a profit after tax of Rs 52.88 crore, both representing the highest figures in five quarters. Earnings per share reached Rs 6.43, reflecting improved shareholder returns.
Inox India, a midcap player in the engineering sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance, with net sales reaching Rs 333.63 crore, marking the highest figure in the last five quarters. This positive trend in sales reflects a strengthening position in the market.Additionally, the company reported a profit after tax (PAT) of Rs 52.88 crore, also the highest in the same five-quarter period. This achievement suggests a favorable trajectory in profitability, contributing to the overall financial health of Inox India.
Earnings per share (EPS) for the quarter stood at Rs 6.43, again the highest in the last five quarters, indicating that the company has successfully enhanced its earnings for shareholders.
In light of these developments, there has been an adjustment in evaluation, with the score moving to 3 from 0 over the past three months. This revision reflects the underlying trends observed in the financial metrics.
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