Shivalik Bimetal Reports Mixed Financial Results Amidst Liquidity Improvement in February 2025

Feb 12 2025 08:03 PM IST
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Shivalik Bimetal Controls announced its financial results for the quarter ending December 2024, revealing a significant shift in evaluation. The company achieved its highest cash and cash equivalents in recent periods, but faced challenges with the lowest net sales in five quarters and a decline in profit after tax.
Shivalik Bimetal Controls has recently reported its financial results for the quarter ending December 2024, with the announcement made on February 12, 2025. The company operates within the Steel/Sponge Iron/Pig Iron industry and is categorized as a small-cap entity.

The financial results indicate a notable adjustment in evaluation, as the score has shifted to -2 from a previous score of 4 over the last three months. This change reflects underlying trends in the company's performance.

On a positive note, Shivalik Bimetal has achieved its highest cash and cash equivalents in the last six half-yearly periods, amounting to Rs 54.88 crore, suggesting an improvement in short-term liquidity. However, challenges remain evident in other areas. The company reported its lowest net sales in the last five quarters at Rs 123.28 crore, indicating a negative near-term sales trend. Additionally, the profit after tax (PAT) for the quarter stood at Rs 18.24 crore, which represents a decline of 9.3% compared to the average PAT of the previous four quarters.

Overall, Shivalik Bimetal's recent financial results highlight a complex landscape of both strengths and challenges.

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