Konark Synthetic Reports Strong Financial Results, Indicating Positive Growth Trajectory
Konark Synthetic has announced its financial results for the quarter ending December 2024, showcasing significant growth in net sales, which reached Rs 15.29 crore, a 62.6% increase from the previous year. The company also reported its highest operating profit and profit before tax in five quarters, indicating a positive performance trend.
Konark Synthetic, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on March 5, 2025, indicate a notable shift in the company's evaluation, with the score moving to 4 from -1 over the past three months.The financial data reveals that Konark Synthetic achieved net sales of Rs 15.29 crore, marking a significant growth of 62.6% compared to the average net sales of Rs 9.40 crore over the previous four quarters. This quarter's net sales represent the highest figure recorded in the last five quarters, suggesting a favorable near-term sales trend.
Additionally, the operating profit (PBDIT) reached Rs 1.49 crore, also the highest in the last five quarters, indicating a positive trend in operating performance. Furthermore, the profit before tax (PBT) stood at Rs 0.50 crore, again the highest in the same timeframe, reflecting a constructive near-term outlook for profitability.
Overall, these results highlight a positive trajectory for Konark Synthetic, with adjustments in its evaluation reflecting the company's recent performance.
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