Remi Edelstahl Tubulars Reports Strong Profit Growth and Record Sales in December 2024 Results
Remi Edelstahl Tubulars has announced its financial results for the quarter ending December 2024, showcasing a Profit After Tax of Rs 2.09 crore, marking a significant year-on-year increase. The company also reported its highest quarterly net sales in five quarters at Rs 42.91 crore, reflecting strong growth.
Remi Edelstahl Tubulars, a microcap company in the Steel/Sponge Iron/Pig Iron industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a notable performance in several key areas.The Profit After Tax (PAT) for the half-year period stands at Rs 2.09 crore, reflecting a significant year-on-year growth of 226.56%. This trend suggests a strong upward trajectory in profitability. Additionally, the company achieved its highest quarterly net sales in the last five quarters, reaching Rs 42.91 crore. This figure also represents a growth of 38.9% compared to the average net sales of the previous four quarters, which were Rs 30.90 crore.
Despite these positive indicators, the overall evaluation of Remi Edelstahl has undergone an adjustment, with the score declining from 16 to 15 over the past three months. This revision in its score highlights the dynamic nature of the company's financial landscape.
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