Network People Services Technologies Reports Decline in Sales and Profitability for March 2025
Network People Services Technologies has recently reported its financial results for the quarter ending March 2025, revealing notable challenges in its performance. The company's net sales for the quarter stood at Rs 26.30 crore, reflecting a significant decline compared to the average net sales of Rs 47.63 crore from the previous four quarters. This downturn indicates a concerning trend in the company's sales performance.Additionally, the profit before tax (PBT) for the quarter was recorded at Rs 6.56 crore, which also shows a substantial decrease when compared to the average PBT of Rs 14.63 crore over the same period. This decline further emphasizes the difficulties Network People is facing in maintaining profitability.
Moreover, the profit after tax (PAT) for the latest six months was reported at Rs 11.15 crore, marking a year-on-year decline of 32.71%. This trend suggests ongoing challenges in the company's financial health.
In light of these results, there has been an adjustment in evaluation for Network People, reflecting the current financial landscape.
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