Nova Agritech Reports Strong Q4 Results with Significant Growth in Profit Metrics

Feb 11 2025 03:59 PM IST
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Nova Agritech has announced its financial results for the quarter ending December 2024, showcasing significant improvements across key metrics. The company reported its highest operating profit to interest ratio in five quarters, with notable increases in profit before tax, profit after tax, and net sales, reflecting strong operational performance.
Nova Agritech, a microcap company in the Pesticides & Agrochemicals industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's financial metrics, with a revision in its score reflecting these changes.

The company achieved its highest operating profit to interest ratio in the last five quarters, recorded at 13.47 times, suggesting an enhanced capacity to manage interest obligations. Additionally, the profit before tax (PBT) reached Rs 13.74 crore, marking a significant growth compared to the average PBT of the previous four quarters. This positive trend is mirrored in the profit after tax (PAT), which stood at Rs 10.56 crore, also showing substantial growth over the prior averages.

Net sales for the quarter were reported at Rs 88.19 crore, the highest in the last five quarters, indicating a robust sales performance. The operating profit (PBDIT) also peaked at Rs 15.36 crore during this period, further underscoring the company's strong operational results.

Overall, Nova Agritech's recent financial performance reflects a series of positive developments, leading to an adjustment in evaluation.

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