Jeevan Scientific Technology Reports Profit Turnaround and Strong Sales Growth for December Quarter
Jeevan Scientific Technology has announced its financial results for the quarter ending December 2024, reporting a profit after tax of Rs 0.35 crore, a turnaround from a loss in the previous year. Net sales reached Rs 12.51 crore, indicating a year-on-year growth of 23.49%.
Jeevan Scientific Technology, a microcap player in the Pharmaceuticals & Drugs industry, has recently reported its financial results for the quarter ending December 2024. The announcement, made on February 6, 2025, highlights notable developments in the company's financial standing.The company has recorded a profit after tax (PAT) of Rs 0.35 crore for the half-year period, marking a significant turnaround from a loss of Rs 0.72 crore in the same period the previous year. This shift indicates a positive trajectory in profitability, as Jeevan Scientific has already surpassed its PAT from the entirety of the previous twelve months within just six months.
Additionally, net sales for the quarter reached Rs 12.51 crore, reflecting a year-on-year growth of 23.49%. This growth in sales suggests a favorable near-term trend for the company, contributing to the overall positive financial performance observed.
In light of these developments, there has been an adjustment in evaluation for Jeevan Scientific Technology, with its score reflecting these changes.
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