Narmada Gelatines Reports December 2024 Results Amid Profit Growth and Liquidity Concerns

Narmada Gelatines, a microcap company in the chemicals industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a flat financial performance for Q3 FY24-25, with a notable adjustment in its evaluation, as the score has shifted to 0 from 1 over the past three months.
On a positive note, the company has shown growth in its Profit After Tax (PAT), which stands at Rs 8.11 crore, reflecting a year-on-year increase of 33.17%. This suggests a favorable near-term trend in profitability.

Conversely, challenges are evident in the company's liquidity position, with cash and cash equivalents recorded at Rs 2.17 crore, marking the lowest level in the last six half-yearly periods. Additionally, the Debtors Turnover Ratio has also reached a low of 7.92 times over the past five half-yearly periods, indicating a slowdown in the pace at which the company is settling its debts.

Overall, Narmada Gelatines is navigating a complex financial landscape, with both positive growth in profitability and emerging liquidity concerns.

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