Nagpur Power & Industries Reports Mixed Financial Results Amid Revenue Growth in December 2024

Nagpur Power & Industries, operating within the Ferrous Metals industry, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's score, which has adjusted to 4 from 26 over the past three months.
The financial data reveals some positive aspects for Nagpur Power. The net sales for the half-yearly period reached Rs 32.54 crore, showcasing a year-on-year growth of 46.18%. This indicates a favorable near-term sales trend, suggesting that the company has been effective in generating revenue. Additionally, the inventory turnover ratio has reached its highest level at 5.02 times, demonstrating an ability to sell inventory more efficiently over the last five half-year periods.

Conversely, there are significant challenges highlighted in the financial results. The profit after tax (PAT) for the quarter stands at Rs -2.62 crore, reflecting a substantial decline compared to the average PAT of the previous four quarters. Furthermore, the earnings per share (EPS) have reached a low of Rs -2.00, indicating declining profitability. The debtors turnover ratio has also hit its lowest point at 2.36 times, suggesting a slowdown in the company's ability to settle its debts.

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