Photoquip India Reports Strong Q3 FY24-25 Results with Significant Sales Growth and Profit Turnaround

Jan 24 2025 07:01 PM IST
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Photoquip India announced its financial results for the third quarter of FY24-25, revealing net sales of Rs 8.67 crore, a 25.29% year-on-year increase. The company reported a profit after tax of Rs 0.35 crore, a significant improvement from a loss of Rs 1.43 crore in the previous year.
Photoquip India has recently reported its financial results for the third quarter of FY24-25, with the announcement made on January 24, 2025. The company, categorized as a microcap within the miscellaneous industry, has demonstrated notable growth in its half-yearly financials.

For the period, net sales reached Rs 8.67 crore, reflecting a year-on-year growth of 25.29%. This trend in sales suggests a favorable near-term outlook for the company. Furthermore, the profit after tax (PAT) for the half year is recorded at Rs 0.35 crore, marking a significant turnaround from the previous twelve-month period, which saw a loss of Rs 1.43 crore. This achievement indicates that Photoquip India has already surpassed its PAT from the previous year within just six months.

In light of these developments, there have been evaluation changes regarding the stock. The assessment reflects the company's consistent financial performance, with a revision in its score noted over the last three months.

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