Suvidhaa Infoserve Reports Significant Year-on-Year Growth in December 2024 Financial Results

Feb 17 2025 06:04 PM IST
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Suvidhaa Infoserve has announced its financial results for the quarter ending December 2024, showcasing significant year-on-year growth in net sales, which reached Rs 8.92 crore. The company also reported improvements in operating profit, profit before tax, and profit after tax, indicating positive trends in key financial metrics.
Suvidhaa Infoserve, a microcap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 15, 2025, indicate a notable shift in the company's evaluation, with its score adjusting to 7 from 6 over the past three months.

The financial data reveals a significant year-on-year growth in net sales, which reached Rs 8.92 crore, marking an increase of 61.59%. This positive trend in sales is complemented by the operating profit, which has reached its highest level in five quarters at Rs -1.10 crore. Similarly, the profit before tax (PBT) and profit after tax (PAT) figures also reflect the highest values in the same timeframe, recorded at Rs -3.30 crore and Rs -3.19 crore, respectively. The earnings per share (EPS) have also shown improvement, reaching Rs -0.15, indicating a move towards greater profitability for shareholders.

Overall, the financial results for Suvidhaa Infoserve highlight a series of positive developments in key metrics, contributing to the recent revision in its score.

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