Span Divergent Reports Declining Financial Results, Signaling Ongoing Challenges Ahead

May 17 2025 11:30 AM IST
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Span Divergent, a microcap company in the Pharmaceuticals & Biotechnology sector, has reported its financial results for the quarter ending March 2025, revealing declines in key metrics. Net sales for the nine-month period were Rs 5.25 crore, with negative figures in Profit After Tax, operating profit, and earnings per share.
Span Divergent, a microcap company in the Pharmaceuticals & Biotechnology sector, has recently reported its financial results for the quarter ending March 2025. The results indicate a challenging period for the company, with notable declines across several key financial metrics.

Net sales for the nine-month period reached Rs 5.25 crore, reflecting a significant contraction compared to the previous year. Similarly, the Profit After Tax (PAT) also showed a decline, landing at Rs -0.95 crore, mirroring the negative trend in sales. The operating profit, measured as PBDIT, fell to Rs -0.93 crore, marking the lowest level in the past five quarters. Additionally, the Profit Before Tax (PBT) was recorded at Rs -1.33 crore, again the lowest in the same timeframe. Earnings per Share (EPS) also reached a low of Rs -1.63, indicating a reduction in profitability and earnings for shareholders.

In light of these results, Span Divergent has experienced an adjustment in its evaluation, reflecting the ongoing challenges faced by the company.

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