Suryavanshi Spinning Mills Reports Flat Q3 FY24-25 Results Amid Profit Growth and Liquidity Concerns

Suryavanshi Spinning Mills, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a flat financial performance for Q3 FY24-25, with notable evaluation changes reflected in its score, which has risen to 5 from 0 over the past three months.
The company's Profit After Tax (PAT) for the half-year period stands at Rs 1.36 crore, showcasing a significant year-on-year growth of 338.60%. This figure also surpasses the PAT of Rs 1.26 crore recorded in the previous twelve-month period, indicating a positive trend in profitability.

However, challenges remain for Suryavanshi Spinning Mills. The cash and cash equivalents have reached a low of Rs 0.06 crore, marking a decline in short-term liquidity over the last six half-yearly periods. Additionally, the Debtors Turnover Ratio has fallen to 1.65 times, the lowest in the last five half-yearly periods, suggesting a slowdown in the company's ability to settle its debts.

For more insights on Suryavanshi Spinning Mills and its financial trends, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.