Noida Toll Bridge Company Reports Mixed Financial Results for December Quarter

Noida Toll Bridge Company has recently reported its financial results for the quarter ending December 2024, showcasing a mix of trends within its performance metrics. The company has experienced a notable adjustment in its evaluation, with its score rising to 10 from 6 over the past three months.
In terms of sales, Noida Toll Bridge Company reported net sales of Rs 9.91 crore, reflecting a growth of 32.8% compared to the average of the previous four quarters. This positive sales trend is complemented by the highest profit before tax recorded at Rs -5.01 crore in the last five quarters, indicating a favorable near-term trajectory. Similarly, the profit after tax reached Rs -4.64 crore, also the highest in the same timeframe, suggesting improvements in profitability metrics.

On the liquidity front, cash and cash equivalents stood at Rs 44.62 crore, marking the highest level in the last six half-yearly periods, which points to an enhancement in short-term liquidity. However, challenges remain, as the earnings per share reached a low of Rs -12.74, indicating declining profitability. Additionally, the debtors turnover ratio has decreased to 6.04 times, reflecting a slower pace in settling debts.

For more insights, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.