Jet Freight Logistics Reports Strong Financial Growth and Improved Operational Efficiency in December 2024 Results
Jet Freight Logistics has announced its financial results for the quarter ending December 2024, showcasing significant growth in Profit After Tax at Rs 3.40 crore. The company achieved its highest Operating Profit to Interest ratio in five quarters, alongside improved operational efficiency and a favorable Operating Profit Margin of 4.42%.
Jet Freight Logistics has recently reported its financial results for the quarter ending December 2024, revealing notable developments within the company. The financial score has undergone an adjustment, reflecting a shift from its previous evaluation. The company's Profit After Tax (PAT) for the nine-month period stands at Rs 3.40 crore, showcasing significant growth compared to the same period last year. This positive trend indicates a robust performance in profitability. Additionally, Jet Freight has achieved its highest Operating Profit to Interest ratio in the last five quarters, recorded at 2.38 times, suggesting an enhanced capacity to manage interest obligations.
The Operating Profit (PBDIT) also reached a peak of Rs 4.18 crore, marking the highest figure in the last five quarters, which points to a favorable trend in operational efficiency. Furthermore, the Operating Profit Margin has improved to 4.42%, indicating better efficiency in operations. The Profit Before Tax (PBT) has also shown a positive trajectory, with a high of Rs 1.86 crore in the last five quarters.
Overall, these financial results highlight a period of positive developments for Jet Freight Logistics, despite the recent revision in its score.
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