Reliance Chemotex Industries Reports Mixed Financial Results Amid Liquidity Concerns in December 2024

Reliance Chemotex Industries has recently reported its financial results for the quarter ending December 2024, revealing a mixed performance landscape. The company has experienced an adjustment in its evaluation, with its score shifting to 1 from -10 over the past three months.
On a positive note, the operating profit to interest ratio has reached its highest level in the last five quarters at 1.52 times, indicating an enhanced capacity to manage interest obligations. Additionally, the operating profit (PBDIT) has also peaked at Rs 8.96 crore, reflecting a favorable trend in operational profitability. The operating profit margin has improved to 9.71%, showcasing better efficiency in operations.

Conversely, the financial results highlight some challenges for Reliance Chemotex. The profit after tax (PAT) has significantly declined to Rs 0.19 crore, marking a substantial drop compared to the average PAT of the previous four quarters. Furthermore, the inventory turnover ratio has reached its lowest point at 6.26 times, suggesting a slowdown in inventory sales. Rising interest costs and a decrease in cash and cash equivalents further underscore the company's liquidity concerns.

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