Vardhman Holdings Reports Mixed Q3 Results Amid Profit Growth and Sales Decline

Vardhman Holdings, a small-cap player in the finance/NBFC sector, has recently reported its financial results for the quarter ending December 2024. The results indicate a mixed performance, with notable shifts in key financial metrics. The company has experienced a positive trend in its Profit Before Tax (PBT), which stands at Rs 65.87 crore, reflecting a year-on-year growth of 21.82%. Similarly, the Profit After Tax (PAT) has also shown a favorable trajectory, reaching Rs 65.76 crore, marking a year-on-year increase of 22.7%. These figures suggest a strengthening in profitability for Vardhman Holdings. Conversely, the company faced challenges in its net sales, which amounted to Rs 6.57 crore, representing a year-on-year decline of 15.01%. This decline in sales indicates a significant hurdle for the company as it navigates its financial landscape. In light of these developments, Vardhman Holdings has undergone an adjustment in its evaluation, reflecting the complexities of its financial performance in the recent quarter. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.