Veejay Lakshmi Engineering Works Faces Financial Challenges in March 2025 Results
Veejay Lakshmi Engineering Works has reported financial results for the quarter ending March 2025, highlighting significant challenges. The company recorded a Profit After Tax of Rs -1.42 crore and net sales of Rs 17.90 crore, both lower than previous averages, indicating ongoing financial difficulties.
Veejay Lakshmi Engineering Works has recently reported its financial results for the quarter ending March 2025, revealing notable challenges within its performance metrics. The company's score has undergone a revision, reflecting a shift in evaluation over the past three months.The Profit After Tax (PAT) for the quarter stands at Rs -1.42 crore, indicating a significant decline compared to the average PAT of Rs -0.32 crore from the previous four quarters. This trend suggests a concerning trajectory for the company's profitability. Similarly, net sales have also experienced a downturn, reported at Rs 17.90 crore, which is lower than the average of Rs 20.97 crore from the preceding quarters. This decline in sales further emphasizes the difficulties faced by the company in maintaining revenue levels.
Additionally, the Profit Before Tax less Other Income (PBT) has reached its lowest point in the last five quarters, recorded at Rs -2.40 crore. This trend underscores the ongoing challenges in the company's financial landscape.
Overall, Veejay Lakshmi Engineering Works is navigating a period of significant financial hurdles, as reflected in its recent evaluation changes.
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