Lypsa Gems & Jewellery Reports Significant Profit Turnaround and Record Sales in February 2025
Lypsa Gems & Jewellery, a microcap player in the diamond and gold jewellery 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 financial landscape.The company has achieved a profit after tax (PAT) of Rs 0.02 crore for the half-year period, marking a significant turnaround from a loss of Rs 32.65 crore in the same period last year. This performance highlights a positive trajectory, as Lypsa Gems has already surpassed its PAT from the previous twelve months within just half a year.
Additionally, net sales for the quarter reached Rs 5.93 crore, representing the highest figure recorded in the last five quarters. This upward trend in sales suggests a strengthening position in the market.
As a result of these developments, there has been an adjustment in evaluation for Lypsa Gems, with the score reflecting a change from -8 to 13 over the past three months.
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