Nagpur Power & Industries Reports Mixed Financial Results Amidst Industry Challenges in December 2024

Feb 15 2025 01:47 PM IST
share
Share Via
Nagpur Power & Industries has announced its financial results for the quarter ending December 2024, showing a 46.18% increase in net sales to Rs 32.54 crore. However, the company faced challenges with a reported loss of Rs -2.62 crore in profit after tax and a decline in earnings per share.
Nagpur Power & Industries has recently reported its financial results for the quarter ending December 2024, revealing a complex picture of performance within the Ferro & Silica Manganese industry. The company's net sales for the half-year reached Rs 32.54 crore, reflecting a notable year-on-year growth of 46.18%. This positive sales trend indicates a robust demand for its products.

However, the financial results also highlight significant challenges. The profit after tax (PAT) for the quarter was recorded at Rs -2.62 crore, marking a substantial decline compared to the average PAT of Rs 0.57 crore from the previous four quarters. This shift points to a concerning trend in profitability. Additionally, the earnings per share (EPS) fell to Rs -2.00, the lowest in the last five quarters, suggesting a decrease in shareholder earnings. Furthermore, the debtors turnover ratio has reached its lowest point at 2.36 times over the last five half-yearly periods, indicating a slowdown in the company's ability to collect payments from its customers.

In light of these developments, Nagpur Power has experienced an adjustment in its evaluation, with its score reflecting these recent changes.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News