Sri Nachammai Cotton Mills Reports 63.57% Sales Growth in December Quarter
Sri Nachammai Cotton Mills has announced its financial results for the quarter ending December 2024, reporting net sales of Rs 17.24 crore, a year-on-year growth of 63.57%. This performance indicates strong demand for the company's products and reflects a significant development in its financial profile.
Sri Nachammai Cotton Mills, a microcap player in the textile industry, has recently released its financial results for the quarter ending December 2024. The data indicates a notable performance in net sales, which reached Rs 17.24 crore, reflecting a year-on-year growth of 63.57%. This positive trend in sales suggests a robust demand for the company's products during this period.In terms of evaluation changes, the stock has experienced a revision in its score, moving from 0 to 4 over the last three months. This adjustment in evaluation highlights a shift in the assessment of the company's financial standing, which may be attributed to the strong sales performance reported.
Overall, while the financial results for Sri Nachammai Cotton Mills show a solid sales trajectory, the recent changes in evaluation underscore a noteworthy development in the company's financial profile.
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