Modison Reports Strong Profit Growth and Sales Increase in December 2024 Results

Modison, a microcap company in the capital goods sector, recently announced its financial results for the quarter ending December 2024. The results indicate a notable performance, particularly in profit metrics and sales growth.
The Profit After Tax (PAT) for the half-year period reached Rs 12.16 crore, reflecting a year-on-year growth of 44.47%. This positive trend in PAT suggests a robust operational performance. Additionally, net sales for the nine-month period amounted to Rs 360.17 crore, marking a year-on-year increase of 23.78%, further underscoring the company's strong sales trajectory.

In terms of operational efficiency, Modison reported its highest quarterly Operating Profit (PBDIT) in the last five quarters at Rs 11.17 crore, with an Operating Profit Margin of 9.22%, also the highest in the same timeframe. Furthermore, the Profit Before Tax less Other Income (PBT) reached Rs 7.74 crore, indicating a favorable trend in profitability.

The company's Debtors Turnover Ratio has improved, recorded at 7.50 times for the half-year, suggesting enhanced efficiency in managing receivables. However, it is important to note that the overall evaluation has undergone an adjustment, with the score reflecting a shift from 17 to 13 over the past three months.

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