Solid Stone Company Reports Strong Financial Growth and Improved Operational Efficiency in May 2025

May 09 2025 08:16 AM IST
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Solid Stone Company has announced its financial results for the quarter ending March 2025, highlighting significant growth in net sales, operating profit, and profit before tax. The company also reported improved operational efficiency and a better debtors turnover ratio, indicating effective management of receivables.
Solid Stone Company, operating in the Ceramics/Marble/Granite/Sanitaryware industry, has reported its financial results for the quarter ending March 2025, with the announcement made on May 8, 2025. The company has experienced notable developments in its financial metrics during this period.

Net sales reached Rs 7.64 crore, reflecting a growth of 32.5% compared to the average of the previous four quarters, which stood at Rs 5.77 crore. This indicates a positive trend in sales performance. Additionally, the operating profit (PBDIT) for the quarter was recorded at Rs 1.13 crore, marking the highest level in the last five quarters, suggesting an upward trajectory in operational efficiency.

The operating profit margin also reached a peak of 14.79%, indicating improved efficiency within the company. Furthermore, profit before tax (PBT) was reported at Rs 0.42 crore, the highest in the last five quarters, reinforcing the positive trend in profitability. The debtors turnover ratio has also shown improvement, recorded at 5.32 times, indicating that the company is managing its receivables more effectively.

Overall, Solid Stone Company has undergone an adjustment in its evaluation, reflecting the positive developments in its financial performance.

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