Lorenzini Apparels Reports Significant Sales Growth Amidst Profit Decline in December 2024 Results

Feb 13 2025 10:08 PM IST
share
Share Via
Lorenzini Apparels has announced its financial results for the quarter ending December 2024, showcasing significant growth in Profit Before Tax and net sales. However, the company also faced challenges, with a decline in Profit After Tax and Earnings per Share, indicating a mixed financial performance.
Lorenzini Apparels, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable shift in the company's evaluation, with its score rising to 15 from 9 over the past three months.

The financial data reveals several positive trends for Lorenzini Apparels. The Profit Before Tax less Other Income (PBT) reached Rs 3.50 crore, reflecting a significant year-on-year growth of 224.07%. Additionally, net sales for the quarter amounted to Rs 21.27 crore, marking a year-on-year increase of 67.74% and representing the highest sales figure in the last five quarters. The operating profit also reached its peak at Rs 4.24 crore during this period.

Conversely, the results also highlight challenges for the company. The Profit After Tax (PAT) stood at Rs -1.62 crore, showing a year-on-year decline of 168.4%. Furthermore, the Earnings per Share (EPS) fell to Rs -0.09, indicating a decrease in profitability and lower earnings for shareholders.

Overall, Lorenzini Apparels has experienced evaluation changes that reflect a complex financial landscape.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News