Swaraj Engines Reports Strong Q3 FY24-25 Growth Amid Debt Collection Challenges

Jan 17 2025 01:32 PM IST
share
Share Via
Swaraj Engines has announced its financial results for the third quarter of FY24-25, showing significant growth in net sales and profitability. Net sales reached Rs 345.50 crore, with notable increases in Profit Before Tax and Profit After Tax. However, the company faces challenges with a declining Debtors Turnover Ratio.
Swaraj Engines has recently released its financial results for the third quarter of FY24-25, revealing notable advancements in several key areas. The company's net sales reached Rs 345.50 crore, showcasing a year-on-year growth of 23.59%. This performance underscores a strong demand for Swaraj's diesel engines in the market.

In terms of profitability, Profit Before Tax (PBT) was reported at Rs 39.16 crore, reflecting a year-on-year increase of 36.21%. Additionally, Profit After Tax (PAT) rose to Rs 31.95 crore, marking a 32.6% increase compared to the previous year. These results indicate Swaraj Engines' effective operational strategies and its capacity to enhance profitability.

On the other hand, the company has encountered challenges with its Debtors Turnover Ratio, which has seen a decline to 8.90 times over the last five half-yearly periods. This trend suggests a slower pace in settling debts, which may have implications for cash flow management.

In summary, Swaraj Engines' latest financial results illustrate a positive trajectory in sales and profitability, while also highlighting some concerns regarding debt collection efficiency.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Kenvi Jewels Ltd is Rated Strong Sell
10 minutes ago
share
Share Via
Crestchem Ltd is Rated Strong Sell
10 minutes ago
share
Share Via
Add-Shop E-Retail Ltd is Rated Strong Sell
10 minutes ago
share
Share Via
Polyspin Exports Ltd is Rated Sell
10 minutes ago
share
Share Via