Riddhi Siddhi Gluco Biols Reports Mixed Financial Results for December Quarter

Riddhi Siddhi Gluco Biols has recently reported its financial results for the quarter ending December 2024, revealing a mixed performance. The company’s score has undergone an adjustment in evaluation, reflecting changes in its financial metrics over the past three months. On a positive note, the Profit Before Tax less Other Income (PBT) reached Rs 67.64 crore, marking a significant year-on-year growth. Similarly, the Profit After Tax (PAT) stood at Rs 37.01 crore, also showing substantial year-on-year improvement. Both metrics represent the highest figures recorded in the last five quarters, indicating a favorable near-term trend in profitability. Conversely, the company faced challenges with its net sales, which totaled Rs 44.33 crore, showing a notable decline year-on-year. Additionally, the Earnings per Share (EPS) fell to Rs -50.56, the lowest in the past five quarters, suggesting a decline in profitability for shareholders. The interest expense has also increased, reflecting higher borrowing costs. Overall, Riddhi Siddhi Gluco Biols' financial results highlight a complex landscape of growth in profitability metrics alongside significant challenges in sales and earnings. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.