NMS Global Reports Mixed Financial Results Amid Sales Decline and Profit Growth in February 2025
NMS Global has released its financial results for the quarter ending December 2024, revealing a mixed performance. While Profit After Tax for the nine-month period increased to Rs 0.29 crore, net sales for the half-yearly period declined significantly, indicating ongoing challenges alongside some positive developments.
NMS Global, a microcap company in the trading industry, has recently reported its financial results for the quarter ending December 2024. The results, announced on February 14, 2025, indicate a notable shift in the company's financial evaluation. The score has undergone a revision, reflecting a change from a previous assessment.On a positive note, the Profit After Tax (PAT) for the nine-month period has shown an increase, reaching Rs 0.29 crore compared to Rs 0.18 crore in the preceding twelve months. This suggests that NMS Global has surpassed its sales figures from the previous year within just nine months.
Conversely, the company has faced challenges, particularly in its net sales for the half-yearly period, which stood at Rs 6.02 crore. This figure represents a significant decline of 55.04% year on year, indicating a concerning trend in near-term sales performance.
Overall, NMS Global's financial results highlight a complex landscape, with both positive developments and significant challenges influencing its current evaluation.
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