Sandhar Technologies Reports Strong December 2024 Results, Highlights Improved Financial Metrics

Feb 12 2025 09:35 PM IST
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Sandhar Technologies Limited has reported strong financial results for the quarter ending December 2024, with a Profit After Tax of Rs 69.97 crore, marking a year-on-year growth of 33.20%. The company also achieved a Debt-Equity Ratio of 0.68, its lowest in five half-yearly periods, and a Debtors Turnover Ratio of 9.21, indicating improved efficiency in receivables management.
Sandhar Technologies Limited, a player in the auto ancillary sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable performance, particularly in the Profit After Tax (PAT), which reached Rs 69.97 crore, reflecting a year-on-year growth of 33.20%. This positive trend in PAT suggests a strengthening financial position for the company.

Additionally, Sandhar Technologies has achieved a significant milestone with its Debt-Equity Ratio, recorded at 0.68 times, marking the lowest level in the last five half-yearly periods. This reduction in borrowing relative to equity capital indicates a strategic approach to managing debt.

Furthermore, the Debtors Turnover Ratio has reached its highest point in the last five half-yearly periods at 9.21 times, showcasing the company's efficiency in settling its receivables.

In light of these developments, Sandhar Technologies has experienced an adjustment in its evaluation, with its score reflecting these recent changes.

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