Scoobee Day Garments Reports Mixed Financial Results Amid Sales Growth and Declining Profitability in December 2024

Scoobee Day Garments India, operating in the Paper & Paper Products industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 12, 2025, indicate a complex financial landscape for the microcap company. On a positive note, Scoobee Garments has experienced growth in net sales, which reached Rs 10.64 crore, reflecting a notable increase compared to the average of Rs 8.19 crore over the previous four quarters. This suggests a favorable near-term sales trend for the company. Conversely, the financial results also highlight challenges. The Profit Before Tax (PBT) stood at Rs -0.46 crore, showing a decline relative to the average PBT of Rs -0.39 crore from the last four quarters. Additionally, the Profit After Tax (PAT) for the nine-month period was reported at Rs -0.80 crore, marking a year-on-year decrease of 25.93%. Furthermore, the Debtors Turnover Ratio has reached its lowest point in the last five half-yearly periods at 7.18 times, indicating a slowdown in the company's ability to settle its debtors. In light of these developments, Scoobee Garments has undergone an adjustment in its evaluation, reflecting the mixed performance in its financial metrics. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.