Meyer Apparel Reports Highest Operating Profit in Five Quarters, Signals Positive Trend
Meyer Apparel, a microcap company in the Gems, Jewellery and Watches industry, has recently reported its financial results for the quarter ending March 2025. The results, announced on May 17, 2025, indicate a notable shift in the company's evaluation, with its score rising to 4 from 3 over the past three months.The financial data reveals that Meyer Apparel achieved its highest operating profit in the last five quarters, with a quarterly figure of Rs -0.27 crore. This positive trend is mirrored in the profit before tax, which also reached Rs -0.27 crore, marking a peak for the company in the same timeframe. Additionally, the profit after tax stood at Rs -0.23 crore, again the highest recorded in the last five quarters. The earnings per share (EPS) improved to Rs -0.03, reflecting a trend towards increased profitability and enhanced earnings for shareholders.
These developments suggest a positive trajectory for Meyer Apparel, as the company navigates its financial landscape.
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