Khaitan (India) Reports 243% PAT Growth in Q3 FY24-25 Amid Market Evaluation Shift
Khaitan (India) has reported strong financial results for the quarter ending December 2024, with a Profit After Tax of Rs 1.46 crore, reflecting a year-on-year growth of 243.14%. Net sales for the nine-month period reached Rs 52.05 crore, indicating a 22.73% increase compared to the previous year.
Khaitan (India), a microcap player in the sugar industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 4, 2025, indicate a notable performance for the third quarter of FY24-25. The company has demonstrated a significant increase in Profit After Tax (PAT), which stands at Rs 1.46 crore, reflecting a year-on-year growth of 243.14%. This robust PAT trend suggests a strong operational performance over the half-year period. Additionally, net sales for the nine-month period have reached Rs 52.05 crore, marking a year-on-year growth of 22.73%. This positive sales trend indicates a favorable trajectory for the company in the near term.
Despite the positive financial indicators, Khaitan (India) has experienced an adjustment in its evaluation, with its score shifting from 12 to 11 over the last three months. This revision highlights the dynamic nature of the company's assessment in the market.
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