Saint-Gobain Sekurit India Reports Strong December 2024 Results Amid Debt Collection Challenges

Saint-Gobain Sekurit India has recently reported its financial results for the quarter ending December 2024, showcasing a notable performance in various key metrics. The company achieved its highest net sales in the last five quarters, reaching Rs 53.01 crore, indicating a positive trend in sales. Additionally, the operating profit also marked a peak at Rs 11.40 crore, reflecting enhanced operational efficiency with an operating profit margin of 21.51%. The profit before tax (PBT) reached Rs 10.52 crore, demonstrating a significant growth of 34.8% compared to the average PBT of the previous four quarters. Similarly, the profit after tax (PAT) stood at Rs 10.09 crore, which is a 28.5% increase over the average PAT from the prior quarters. Earnings per share (EPS) also saw an uptick, reaching Rs 1.11, indicating improved profitability for shareholders. However, the company faced challenges, particularly with its debtors turnover ratio, which was the lowest in the last five half-yearly periods, suggesting a slower pace in settling debts. Furthermore, while non-operating income reached its highest at Rs 3.02 crore, there are concerns regarding the sustainability of this income source. Overall, Saint-Gobain Sekurit India has experienced evaluation changes in its financial performance, reflecting a complex landscape of growth and challenges. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.