Mangalam Industrial Finance Reports Highest Operating Profit in Five Quarters for Q3 FY24-25
Mangalam Industrial Finance has announced its financial results for Q3 FY24-25, achieving its highest operating profit in five quarters at Rs 0.58 crore. Profit after tax also reached Rs 0.43 crore, the highest in the same period, indicating a positive trend in the company's profitability and operational performance.
Mangalam Industrial Finance, a microcap player in the finance and non-banking financial company (NBFC) sector, has reported its financial results for the third quarter of FY24-25, which were declared on January 17, 2025. The company achieved its highest operating profit (PBDIT) in the last five quarters, reaching Rs 0.58 crore, indicating a notable development in its operational performance. Profit before tax (PBT), excluding other income, also reached Rs 0.58 crore, reflecting a solid outcome in this area.The profit after tax (PAT) stood at Rs 0.43 crore, marking the highest level in the last five quarters and showcasing a favorable trend in profitability. Furthermore, the earnings per share (EPS) reached Rs 0.00, highlighting an enhancement in profitability and potential benefits for shareholders.
In light of these results, there have been evaluation changes regarding the stock's assessment. The adjustments in evaluation reflect the company's recent performance and the overall market sentiment.
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