Punjab Chemicals Reports December 2024 Quarter Results, Highlights Cash Position and Profitability Declines

Punjab Chemicals & Crop Protection has recently reported its financial results for the quarter ending December 2024, revealing notable trends in its performance. The company has experienced a revision in its evaluation, with the score adjusting to -15 from -10 over the past three months, indicating a shift in assessment.
On a positive note, Punjab Chemicals has achieved its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 15.40 crore, suggesting an improvement in short-term liquidity. This aspect may provide some stability amid the challenges faced.

Conversely, the financial results indicate significant declines in key profitability metrics. The Profit Before Tax (PBT) has recorded a decrease to Rs 8.29 crore, reflecting a -33.1% change compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) has fallen to Rs 6.07 crore, down -38.4% from the average PAT of the last four quarters. Additionally, the Debtors Turnover Ratio has reached its lowest point at 4.25 times, showing a consistent decline in the company's ability to settle its debts.

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