Moschip Technologies Reports Strong Q4 Growth Amid Rising Interest Expenses and Slower Receivables Turnover

Moschip Technologies has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in several key areas. The company achieved a profit before tax (PBT) of Rs 9.87 crore, reflecting a significant year-on-year growth of 379.13%. Similarly, the profit after tax (PAT) reached Rs 11.06 crore, marking an impressive increase of 405.0% compared to the previous year.
Net sales for the quarter stood at Rs 126.16 crore, representing a year-on-year growth of 40.76% and the highest sales figure recorded in the last five quarters. Operating profit also reached a peak of Rs 17.07 crore, with an operating profit margin of 13.53%, indicating improved efficiency within the company. Additionally, earnings per share (EPS) hit Rs 0.58, the highest in the last five quarters, suggesting enhanced profitability for shareholders.

However, the company faces challenges as well. Interest expenses have risen to Rs 4.04 crore, reflecting a 31.17% increase over the previous half-year, indicating higher borrowing costs. Furthermore, the debtors turnover ratio has declined to 2.68 times, the lowest in the last five half-yearly periods, suggesting a slower pace in settling receivables.

Overall, Moschip Technologies has experienced evaluation changes in its financial metrics, leading to a revision in its score.

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