Orient Bell Reports 172.66% Year-on-Year Growth in Half-Year Profit After Tax

Jan 25 2025 09:46 PM IST
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Orient Bell has announced its financial results for the quarter ending December 2024, revealing a Profit After Tax (PAT) of Rs 1.94 crore for the half-year, representing a year-on-year growth of 172.66%. This performance indicates a strong upward trend in the company's profitability compared to the previous year.
Orient Bell, a player in the Ceramics, Marble, Granite, and Sanitaryware industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on January 25, 2025, indicate a notable shift in the company's financial landscape.

The company's Profit After Tax (PAT) for the half-year period stands at Rs 1.94 crore, reflecting a significant year-on-year growth of 172.66%. This performance marks a substantial increase compared to the preceding twelve-month period, where PAT was recorded at Rs 0.39 crore. The financial data suggests a strong upward trend in profitability, as Orient Bell has already surpassed its PAT from the previous year within just the first half of the current fiscal year.

In light of these developments, there has been an adjustment in evaluation, with the score moving to 7 from 1 over the last three months. This revision highlights the positive trajectory of the company's financial health.

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