Rishi Techtex Reports Flat Q3 FY24-25 Results Amid Mixed Financial Performance

Feb 10 2025 05:40 PM IST
share
Share Via
Rishi Techtex has reported its financial results for Q3 FY24-25, showing flat performance overall. The company achieved its highest quarterly net sales in five quarters at Rs 31.49 crore, but faced challenges with a decline in earnings per share and a decreased debtors turnover ratio, indicating operational difficulties.
Rishi Techtex, a microcap player in the packaging industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has seen a revision in its assessment over the past three months.

On a positive note, Rishi Techtex achieved its highest quarterly net sales in the last five quarters, reaching Rs 31.49 crore. This suggests a favorable near-term sales trend, which may provide some optimism for the company’s operational outlook.

Conversely, the financial results also highlight challenges for Rishi Techtex. The earnings per share (EPS) for the quarter fell to Rs 0.42, marking the lowest level in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. Additionally, the debtors turnover ratio has decreased to 5.42 times, the lowest in the last ten half-yearly periods, suggesting a slowdown in the company's ability to settle its debtors.

Overall, Rishi Techtex's recent financial results reflect a complex landscape of both positive sales performance and challenges in profitability and operational efficiency.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News