Titan Intech Reports Strong Profit Growth Amid Declining Sales Performance in December 2024 Results

Titan Intech, a microcap company in the textile industry, recently reported its financial results for the quarter ending December 2024. The results, declared on February 13, 2025, indicate a notable adjustment in evaluation, with the score shifting to 1 from -2 over the past three months.
The financial data reveals several positive trends for Titan Intech. The Profit Before Tax less Other Income (PBT) reached Rs 2.50 crore, reflecting a growth of 72.7% compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) also showed significant growth, standing at Rs 2.12 crore, which is a 72.4% increase over the average PAT from the last four quarters. Additionally, the Operating Profit (PBDIT) was reported at Rs 3.49 crore, marking the highest figure in the last five quarters.

However, not all aspects are favorable. The half-yearly net sales amounted to Rs 16.42 crore, which represents a decline of 28.36% year on year, indicating a negative trend in sales performance.

For more insights on Titan Intech's financial performance and evaluation changes, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.