Vedavaag Systems Reports Strong Financial Growth and Improved Profitability in December 2024 Results

Vedavaag Systems, a microcap player in the IT software industry, has reported its financial results for the quarter ending December 2024, revealing noteworthy developments. The company's score has undergone an adjustment in evaluation, reflecting a significant shift from 1 to 15 over the past three months. The financial data indicates that Vedavaag Systems achieved its highest Profit Before Tax (PBT) at Rs 4.26 crore, marking a consistent growth trend over the last five quarters. Additionally, net sales reached Rs 29.49 crore, also the highest in this period, showcasing a robust growth rate of 36.9% compared to the average of the previous four quarters. Operating profit, measured as PBDIT, reached Rs 8.41 crore, further emphasizing the company's positive trajectory. The operating profit margin improved to 28.52%, indicating enhanced efficiency. Furthermore, the Profit After Tax (PAT) stood at Rs 3.15 crore, and earnings per share (EPS) rose to Rs 1.37, both reflecting the company's commitment to increasing profitability and delivering higher returns to shareholders. For more insights, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.