Mufin Green Finance Reports Strong December 2024 Results Amid Evaluation Adjustment
Mufin Green Finance has announced its financial results for the quarter ending December 2024, highlighting significant achievements. Net sales reached Rs 48.57 crore, the highest in five quarters, while operating profit and profit after tax also peaked. Earnings per share increased to Rs 0.36, reflecting positive growth.
Mufin Green Finance has recently reported its financial results for the quarter ending December 2024, revealing notable developments within the company. The financial performance indicates a strong showing, with net sales reaching Rs 48.57 crore, marking the highest figure in the last five quarters. This reflects a significant growth rate of 36.4% compared to the average net sales of the previous four quarters.Additionally, the operating profit (PBDIT) also reached a peak of Rs 31.85 crore, showcasing a consistent upward trend over the same period. The profit after tax (PAT) stood at Rs 5.85 crore, again the highest in the last five quarters, indicating a positive trajectory in profitability. Furthermore, earnings per share (EPS) hit Rs 0.36, demonstrating an increase in earnings for shareholders.
Despite these positive indicators, Mufin Green Finance has experienced an adjustment in its evaluation, with the score declining to 19 from 24 over the past three months. This revision reflects a shift in assessment, warranting attention from stakeholders.
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