Konark Synthetic Reports Strong Financial Results, Indicating Positive Growth Trajectory

Mar 07 2025 10:02 AM IST
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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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