Meghna Infracon Reports Strong Profit Growth Amid Sales Decline in December 2024 Results

Meghna Infracon Infrastructure has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a significant adjustment in its evaluation, with its score reflecting a shift from -9 to 10 over the past three months.
The financial results indicate a robust growth trajectory in key areas. Profit Before Tax less Other Income (PBT) reached Rs 2.46 crore, marking a substantial year-on-year growth of 524.14%. Similarly, Profit After Tax (PAT) surged to Rs 3.40 crore, demonstrating an impressive year-on-year increase of 750.0%. Operating Profit (PBDIT) also hit a five-quarter high at Rs 2.53 crore, reinforcing the positive near-term trend in profitability.

However, not all aspects of the financials are favorable. The half-yearly net sales reported at Rs 5.21 crore reflect a decline of 81.93% year-on-year, indicating challenges in sales performance. Additionally, a significant portion of the company's income is derived from non-operating sources, accounting for 39.71% of PBT, which raises concerns regarding the sustainability of its business model.

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