Krishanveer Forge Reports Mixed Q4 Results with Strong PAT Growth Amid Sales Decline

Feb 08 2025 03:46 PM IST
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Krishanveer Forge has announced its financial results for the quarter ending December 2024, showcasing a year-on-year increase in Profit After Tax to Rs 4.19 crore, alongside a peak operating profit margin of 12.05%. However, net sales declined to Rs 18.43 crore, marking the lowest performance in five quarters.
Krishanveer Forge, a microcap company in the Castings/Forgings industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a mixed performance, with notable shifts in various financial metrics.

The company has demonstrated a positive trend in Profit After Tax (PAT), which reached Rs 4.19 crore, reflecting a year-on-year growth of 42.03%. This growth is particularly significant as it surpasses the PAT of Rs 3.99 crore from the previous twelve-month period. Additionally, the operating profit margin has reached its highest level in the last five quarters at 12.05%, suggesting improvements in operational efficiency.

Conversely, the net sales for the quarter have shown a decline, recorded at Rs 18.43 crore, which is a decrease of 19.5% compared to the average net sales of the previous four quarters. This figure marks the lowest sales performance in the last five quarters, indicating challenges in sales trends.

Overall, Krishanveer Forge has experienced evaluation changes in its financial standing, with a revision in its score reflecting these dynamics.

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