Triveni Glass Reports Remarkable Growth in Profit After Tax for Q1 FY25

Triveni Glass, a microcap company in the glass industry, has recently announced its financial results for the quarter ending June 2024. The company has shown a positive performance in this quarter, with its score improving from 6 to 8 in the last 3 months.

One of the key highlights of the financial report is the significant growth in Profit After Tax (PAT) for the half-yearly period. The company has recorded a PAT of Rs 1.63 crore, which is a remarkable increase of 1,581.82% compared to the same period last year. This trend in PAT is highly positive and reflects the company’s strong financial position.

Moreover, the company has also surpassed its PAT for the previous 12-month period, which was Rs 1.51 crore. This indicates a strong growth trajectory for Triveni Glass, as it has already achieved its PAT for the entire previous year in just half a year.

In terms of operating profit, Triveni Glass has recorded its highest PBDIT (Profit Before Depreciation, Interest, and Taxes) of Rs -0.23 crore in the last five quarters. This shows a positive trend in the company’s near-term operating profit.

Similarly, the company’s PBT (Profit Before Tax) less Other Income has also shown a positive trend, with its highest value of Rs -0.24 crore in the last five quarters. This indicates a positive outlook for Triveni Glass in the near future.

Overall, Triveni Glass has shown a strong financial performance in the quarter ending June 2024, as reflected by its improved score and positive trends in key financial indicators. Investors should keep an eye on this microcap company in the glass industry, as it continues to grow and expand its operations.