Weizmann Reports Stable Financial Results with Mixed Operational Metrics in December 2024

Weizmann, a microcap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a stable performance, with the score remaining unchanged over the past three months.
Key highlights from Weizmann's financials show that the operating profit (PBDIT) reached Rs 4.19 crore, marking the highest level in the last five quarters. This positive trend is also reflected in the operating profit margin, which stood at 14.66%, the best performance in the same timeframe. Additionally, the profit before tax (PBT) was recorded at Rs 3.10 crore, again the highest in the last five quarters, suggesting a favorable near-term outlook for this metric.

Conversely, the profit after tax (PAT) for the nine-month period was reported at Rs 5.08 crore, reflecting a year-on-year decline of 28.95%. Furthermore, cash and cash equivalents have reached their lowest point in the last six half-yearly periods at Rs 0.73 crore, indicating challenges in short-term liquidity.

Overall, Weizmann's recent financial results highlight a mix of positive operational metrics alongside some areas of concern.

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