Kavveri Defence Reports Record Profits and Revenue Growth for December Quarter

Feb 05 2025 09:31 PM IST
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Kavveri Defence & Wireless Technologies reported strong financial results for the quarter ending December 2024, with a profit before tax of Rs 2.12 crore and a record profit after tax of Rs 2.21 crore. Net sales reached Rs 7.01 crore, the highest in five quarters, reflecting improved operational efficiency.
Kavveri Defence & Wireless Technologies has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in the telecommunications equipment sector. The company declared a profit before tax of Rs 2.12 crore, reflecting a significant shift compared to the average of the previous four quarters. This quarter also marked a record profit after tax of Rs 2.21 crore, indicating a substantial change from the prior periods.

Net sales reached Rs 7.01 crore, the highest in the last five quarters, suggesting a positive trend in revenue generation. Additionally, the operating profit stood at Rs 2.24 crore, with an operating profit margin of 31.95%, highlighting improvements in operational efficiency. The earnings per share also reached a peak of Rs 1.10, indicating enhanced profitability for shareholders.

In light of these developments, Kavveri Defence has experienced an adjustment in its evaluation, with its score reflecting a notable change over the past three months. This revision underscores the company's recent financial trajectory and operational advancements.

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