Kisan Mouldings Reports Significant Turnaround in Q3 FY24-25 Financial Results
Kisan Mouldings has announced its financial results for Q3 FY24-25, revealing a Profit After Tax of Rs 2.90 crore for the nine-month period ending December 2024, a significant improvement from the previous year. The company also achieved net sales of Rs 70.32 crore, the highest in five quarters.
Kisan Mouldings, a microcap company in the plastic products industry, has reported its financial results for the third quarter of FY24-25, which were disclosed on January 22, 2025. The results indicate notable growth in key performance metrics.For the nine-month period ending December 2024, Kisan Mouldings achieved a Profit After Tax (PAT) of Rs 2.90 crore, demonstrating a significant year-on-year change compared to the previous twelve-month period, which recorded a PAT of Rs -27.59 crore. This shift underscores a notable turnaround in the company's financial trajectory.
In terms of sales performance, Kisan Mouldings reported net sales of Rs 70.32 crore for the quarter, marking the highest sales figure in the last five quarters. This development suggests a favorable trend in the company's sales activities.
Additionally, there has been an adjustment in the evaluation of Kisan Mouldings, with its overall score reflecting a revision to 6 from 4 over the past three months. This change indicates a reassessment of the company's financial standing.
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