Pro Fin Capital Services Reports Mixed Financial Results for December 2024
Pro Fin Capital Services has announced its financial results for the quarter ending December 2024, highlighting a substantial increase in Profit After Tax to Rs 4.04 crore, alongside a notable rise in Profit Before Tax to Rs 1.68 crore. However, net sales declined to Rs 6.37 crore, indicating potential challenges ahead.
Pro Fin Capital Services has recently reported its financial results for the quarter ending December 2024, revealing a mix of positive and challenging trends. The company's Profit After Tax (PAT) for the half-year reached Rs 4.04 crore, reflecting a significant year-on-year growth of 186.52%. This upward trajectory in PAT indicates a strong performance compared to the previous twelve-month period, where the company recorded a loss of Rs 0.82 crore.Additionally, the Profit Before Tax (PBT) for the quarter stood at Rs 1.68 crore, showcasing an impressive growth of 484.3% compared to the average PBT of the previous four quarters. This suggests a robust near-term outlook for profitability.
However, not all aspects of Pro Fin Capital's performance were favorable. The company's net sales for the quarter amounted to Rs 6.37 crore, which represents a decline of 6.9% compared to the average net sales of the previous four quarters. This decline in sales indicates a potential area of concern for the company moving forward.
In light of these developments, Pro Fin Capital has experienced an adjustment in its evaluation, with its score reflecting these recent changes.
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