Tega Industries Reports Stable Q3 FY24-25 Results with Improved Profitability and Low Debt Ratio

Feb 05 2025 03:32 PM IST
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Tega Industries has reported stable financial results for Q3 FY24-25, with a profit before tax of Rs 60.25 crore and a profit after tax of Rs 54.25 crore, both showing significant growth compared to previous quarters. The company also achieved a low debt-equity ratio of 0.23 times.
Tega Industries, a midcap player in the capital goods sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a stable performance for Q3 FY24-25, with notable adjustments in its evaluation. The company's score has seen a revision, moving to -1 from -13 over the past three months.

Key highlights from Tega Industries' financials include a profit before tax (PBT) of Rs 60.25 crore, reflecting a growth of 30.6% compared to the average PBT of Rs 46.14 crore from the previous four quarters. Similarly, the profit after tax (PAT) stands at Rs 54.25 crore, marking a growth of 28.3% over the average PAT of Rs 42.27 crore in the same timeframe. Additionally, the company has achieved a significant milestone with its debt-equity ratio at 0.23 times, the lowest in the last five half-yearly periods, indicating a reduction in borrowing relative to equity capital.

These developments suggest a positive trajectory for Tega Industries as it navigates the current market landscape.

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