Patels Airtemp Reports Stable Q3 FY24-25 Results Amid Mixed Financial Trends
Patels Airtemp (India) has announced its financial results for the quarter ending December 2024, showing stable performance. The company reported a Profit After Tax of Rs 12.02 crore for the nine-month period, reflecting a year-on-year growth of 20.80%, while facing increased interest expenses due to higher borrowings.
Patels Airtemp (India), a microcap company in the engineering sector, has recently released its financial results for the quarter ending December 2024. The results indicate a stable performance for the third quarter of FY24-25, with the overall score remaining unchanged over the past three months.The financial data reveals some positive developments for Patels Airtemp. The Profit After Tax (PAT) for the nine-month period stands at Rs 12.02 crore, reflecting a year-on-year growth of 20.80%. This suggests a favorable trend in profitability for the company. Additionally, the operating profit margin has reached its highest level in the last five quarters at 10.20%, indicating an improvement in operational efficiency.
Conversely, the company is facing challenges as well. The interest expense for the quarter has risen to Rs 3.61 crore, marking a quarter-on-quarter increase of 28.93%. This uptick in interest costs points to a rise in borrowings, which could impact future financial flexibility.
Overall, Patels Airtemp's recent financial results highlight a mix of positive trends and emerging challenges.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
