Mehai Technology Reports Record Financial Results for December Quarter, Signaling Strong Growth
Mehai Technology has announced its financial results for the quarter ending December 2024, reporting a Profit After Tax of Rs 5.46 crore, a significant year-on-year increase. Net sales reached Rs 55.07 crore, the highest in five quarters, alongside improvements in operating profit and margins, indicating strong overall performance.
Mehai Technology, a microcap player in the electric equipment industry, has reported notable financial results for the quarter ending December 2024. The company declared its financial performance on January 24, 2025, showcasing a significant adjustment in its evaluation.The Profit After Tax (PAT) reached Rs 5.46 crore, reflecting an impressive year-on-year growth of 4863.6%. This remarkable performance indicates a strong upward trend in profitability. Additionally, net sales hit Rs 55.07 crore, marking the highest figure recorded in the last five quarters, which suggests a robust sales trajectory.
Operating profit also saw a positive shift, with a quarterly figure of Rs 8.68 crore, the highest in the same five-quarter span. The operating profit margin improved to 15.76%, highlighting enhanced operational efficiency. Furthermore, the Profit Before Tax (PBT) stood at Rs 7.65 crore, again the highest in the last five quarters, reinforcing the positive trends in profitability.
Earnings per Share (EPS) reached Rs 1.84, indicating a solid increase in profitability and value creation for shareholders. Overall, Mehai Technology's recent financial results reflect a strong performance across key metrics.
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